Quebec · Bankruptcy
Trustee's Report to Creditors on Preliminary Administration (in French)
Court officer report · 17 May 2024
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 filing2 verified
- financial positionnote: GHI has no direct secured creditor per available information ('GHI n'a aucun créancier garanti direct selon l'information disponible au Syndic'); some third parties registered RDPRM security over GHI's assets but Syndic understands these relate to direct claims against other Groupe Huot entities guaranteed by GHI - no proof of claim received for such claims. Total liabilities of $223.8M represents preliminary estimated unsecured/ordinary creditors list dated April 29, 2024, including ~$1.2M owed to shareholder Stéphan Huot (related party). Trustee notes this estimate could differ significantly given lack of financial information. Total assets not determinable - Trustee unable to establish accurate balance sheet as of bankruptcy date; only a preliminary draft balance sheet prepared with limited information available. No contingent claims believed to exist. No secured employee claims or Crown deemed-trust claims (no employees). · page: 4 · as at: 2024-04-29 · basis: preliminary estimated creditor list attached to notice to creditors; unaudited, incomplete information · scope: entity - Groupe Huot Inc. only · currency: CAD · total liabilities: 223800000
- secured creditors