Quebec · Winding-up (provincial)
First report of the Liquidator (French only)
Court officer report · 1 May 2019
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 filing1 verified
- financial positionnote: UNDER SEAL — figures exist and are stated to exist, but are not on these pages. Paragraph 57: “Les bilans des Débitrices et le détail de certains postes d'actif et de passif en date du 31 janvier 2019 … sont présentés à l'Annexe B (sous scellés)”, and paragraph 58 puts the financial statements at Annexe C, also “sous scellés”. Both annexes appear in the document as cover sheets only. This is recorded as an UNKNOWN, not a zero. The one unsealed statement about the position is qualitative, paragraph 59: “La situation financière combinée actuelle des Débitrices présente un excédent de l'encaisse avant le paiement de toute réclamation et autre obligation pouvant résulter du processus de liquidation” — a cash surplus BEFORE payment of any claim. Annexe A, the principal litigation, is sealed too. No creditor is named with an amount anywhere on these pages; a claims process is being sought to identify the liabilities. · page: 12 · as at: 2019-01-31 · basis: “les états financiers intérimaires non audités les plus récents disponibles” — the most recent available unaudited interim financial statements, per KPMG's report as liquidator · scope: combined, across Groupe Dessau inc. and its related companies (Dessau Holding inc., Dessau Capital inc., 9387-1325 Québec inc. formerly LVM inc., Soprin ADS inc. and others); the report notes several had already sold their assets in earlier years and “n'ont plus d'actifs à réaliser” · currency: CAD