Quebec · Receivership (court-appointed)
Seventh Report of the Receiver
Court officer report · 31 August 2025
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing7 verified
- cash on handnote: Annex A states the exact amount held in trust at the end of the period as $1,240,588. · as at: 2025-08-31 · amount: 1240000 · currency: CAD · qualifier: approximately (1.24 M$); held in trust by the Receiver
- disbursementsnote: Total disbursements to 31 Aug 2025; none in the period 1 March–31 Aug 2025. Distributions to secured creditors of $5,996,889 are shown separately and are not included in this figure. · since: 9 mai 2019 · amount: 3711802 · currency: CAD
- operational summaryThe receivership is in its collection phase: the Receiver continues efforts, with legal counsel and consultants, to collect disputed accounts receivable totalling over $3.1M, expected to take more than six months, while administering the trust account.
- professional feesnote: Receiver's fees per Annex A; no fees disbursed in the 1 March–31 Aug 2025 period. Other cumulative professional fees: consultants $937,456; legal counsel $1,135,637. Tax treatment not stated. · party: Restructuration Deloitte inc. (Séquestre) · amount: 771985 · period: 9 mai 2019 au 31 août 2025 (cumulative) · currency: CAD
- receipts cumulativenote: Total receipts to 31 Aug 2025, of which $17,463 (interest income) in the period 1 March–31 Aug 2025. · since: 9 mai 2019 · amount: 10949278 · currency: CAD
- report date31 August 2025
- report noSeptième rapport provisoire du séquestre