Quebec · NOI
Report of the Trustee on the business and financial affairs of the Debtor (in French only)
Court officer report · 3 May 2024
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What we verified from this filing5 verified
- cash on handnote: Negative balance reflects an overdraft position for the consolidated Gestion/Distribution cash flow for the 8-week period ended 20 April 2024. · as at: 2024-04-20 · amount: -1784642 · currency: CAD · qualifier: actual closing cash balance (bank overdraft position)
- financial positionnote: Table also shows comparative totals: Actif 9 499 763 $ (2022-12-31, examen) and 10 508 522 $ (2021-12-31, examen); Passif 8 836 150 $ (2022-12-31) and 6 675 532 $ (2021-12-31). · as at: 2023-10-31 · basis: Internal (unaudited) consolidated balance sheet ('interne'), compared to prior audited review-engagement figures for 2022 and 2021 · scope: Consolidated BBQ Québec group (Gestion Max Lavoie Inc. and affiliated branch entities) · currency: CAD · total assets: 7914487 · total liabilities: 9664773
- operational summaryBBQ Québec continues operating its remaining retail branches (Boucherville, Laval, Québec) and distribution business while under proposal proceedings, though sales have lagged budget due to weather and a retail slowdown; the Montréal branch ceased operations on December 31, 2023.
- recovery outcomeentries: basis: plan · quote: Dans la Proposition, la seule réalisation disponible pour les créanciers ordinaires provient du financement alternatif de 250 000 $ et de 50 % des Bénéfices nets consolidés (jusqu'à un maximum de 250 000 $). Compte tenu de l'incertitude entourant le montant définitif de la Deuxième Tranche de la Somme globale, nous estimons la réalisation d'un dividende dans une fourchette se situant entre 9,7 % et 19,4 %. · pct of: unstated · outcome: distribution · pct low: 9.7 · pct high: 19.4 · class key: unsecured · stated by: trustee · class label: créanciers ordinaires · interim final: unstated · conditional on: Compte tenu de l'incertitude entourant le montant définitif de la Deuxième Tranche de la Somme globale · claims qualifier: unstated · stated on: 2024-05-03 · table missing:
- report date3 May 2024