Quebec · Receivership (court-appointed)
Second Interim Report of the Receiver – dated June 3, 2026
Court officer report · 3 June 2026
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 · 1 withheld
- cash on handnote: Amount held in Receiver's trust account per the interim statement of receipts and disbursements for May 2, 2025 to May 22, 2026. Table layout is garbled, but 632,309.37 total receipts less 593,008.72 total disbursements is consistent with this figure. · as at: 2026-05-22 · amount: 39300.65 · currency: CAD
- disbursementsnote: Figure read from the garbled table row 'TOTAL DISBURSEMENTS 593,008.72'. Disbursements before receiver's remuneration and legal fees were 246,076.18. · since: May 2, 2025 (Receivership Order), to May 22, 2026 · amount: 593008.72 · currency: CAD
- operational summaryThe Debtor's 78-unit condo project at 3145 Jarry Street East was still under construction when the receivership began. The Receiver is safeguarding the property and has run a third and final sale process, with multiple offers under review. The Debtor and its representatives have not complied with the order to provide books and records.
- receipts cumulativenote: Advance from Secured Lender 627,507.73 plus interest 4,801.64. The costs of the receivership are being funded by EQB. · since: May 2, 2025 (Receivership Order), to May 22, 2026 · amount: 632309.37 · currency: CAD
- recovery outcomeentries: basis: estimated · quote: 26. Based on the offers received, the Receiver is of the opinion that there will be no funds available to unsecured creditors or to secured creditors who rank behind EQB. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · conditional on: based on the offers received · claims qualifier: unstated; basis: estimated · quote: 26. Based on the offers received, the Receiver is of the opinion that there will be no funds available to unsecured creditors or to secured creditors who rank behind EQB. · pct of: unstated · outcome: nil · class key: secured · stated by: receiver · class label: secured creditors who rank behind EQB · interim final: unstated · conditional on: based on the offers received · claims qualifier: unstated · stated on: 2026-06-03 · table missing:
- report date3 June 2026
- report noSecond Interim Report of the Receiver
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.