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Public
records

Document number : 44

Ordonnance initiale
2008-05-16 00:00:00
Initial Order
2008-05-16 00:00:00
Processus d'appel d'offres
2008-05-29 00:00:00
Call for tenders process
2008-05-29 00:00:00
Ordonnance (prorogation jusqu'au 16 juillet 2008)
2008-06-16 00:00:00
Rapport du Contrôleur sur l'état des affaires et des finances de la débitrice
2008-06-16 00:00:00
Cash Flow
2008-06-16 00:00:00
Requête pour autoriser la vente de certains éléments d'actifs de la débitrice-requérante
2008-07-09 00:00:00
Ordonnance rendue par l'Honorable Robert Mongeon, j.c.s.
2008-07-18 00:00:00
Ordonnance (prorogation de délais)
2008-07-16 00:00:00
Requête en prorogation de l'ordonnance initiale et de la date de cessation de la suspension
2008-09-08 00:00:00
Variations projetées des avances bancaires
2008-09-09 00:00:00
Ordonnance (prorogation jusqu'au 20 octobre 2008)
2008-09-10 00:00:00
Ordonnance
2008-10-09 00:00:00
Avis de publication dans le Journal La Presse
2008-10-17 00:00:00
Liste des créanciers
2008-10-17 00:00:00
Avis aux créanciers
2008-10-17 00:00:00
Liste des créanciers révisée
2008-10-23 00:00:00
Requête en prorogation de délai
2008-12-04 00:00:00
Ordonnance de la Cour
2008-12-08 00:00:00
Projections de l'encaisse
2008-12-01 00:00:00
Rapport du Contrôleur
2008-12-04 00:00:00
Requête de prorogation de délai
2009-01-23 00:00:00
Rapport du Contrôleur
2009-01-23 00:00:00
Projections de l'encaisse
2009-01-23 00:00:00
Ordonnance de la Cour
2009-01-23 00:00:00
Plan d'arrangement
2009-02-06 00:00:00
Requête de prorogation de délai
2009-02-09 00:00:00
Rapport du Contrôleur
2009-02-09 00:00:00
Ordonnance de la Cour
2009-02-09 00:00:00
Procuration
2009-02-16 00:00:00
Lettre de votation
2009-02-16 00:00:00
Rapport du Contrôleur
2009-02-16 00:00:00
Avis de dépôt
2009-02-16 00:00:00
Proxy
2009-02-16 00:00:00
Votation Letter
2009-02-16 00:00:00
Monitor's Report
2009-02-16 00:00:00
Plan of Arrangement
2009-02-16 00:00:00
Creditors Notice of the Plan of Arrangement
2009-02-16 00:00:00
Liste des créanciers
2009-02-20 00:00:00
Services Agreement
2009-02-23 00:00:00
Procès-verbal de la 1ere assemblée
2009-02-26 00:00:00
Requête en homologation d'un plan d'arrangement
2009-03-03 00:00:00
Ordonnance de la Cour
2009-03-12 00:00:00

Responsible consultant

Jean Gagnon
CA, CIRP, Syndic
gagnon.jean@rcgt.com
Tel:514 393-4848

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Balance sheet:

Statement of the assets and debts of an individual, couple, family, or company. This exercise makes it possible to determine one’s financial situation at a given date.

Bankruptcy:

A legal process that can be exercised when the debts of an individual or company exceed its assets or when its income is insufficient to pay its debts on time. When an individual or company declares bankruptcy, its assets are seized and distributed among its creditors.

Bankruptcy estate:

The sum total of property that the bankrupt is required to transfer to the bankruptcy trustee to be liquidated for distribution to creditors.

Bankruptcy trustee:

Individual licensed by the superintendent of bankruptcy to administer estates in bankruptcy and proposals.

Bill C-36:

The Companies’ Creditors Arrangement Act, which applies to companies whose debts exceed $5 million.

Budget:

Statement of the income and expenses of an individual, couple, or family to determine the ability to pay debts at a given date.

Conservatory measures:

Measures taken to preserve the value of an asset and keep it from losing value.

Consolidation:

A financial operation that consists of combining a number of debts to several creditors into a single long term debt to a single creditor.

Consumer debtor:

Individual who is bankrupt or insolvent and whose aggregate debts, excluding any debts secured by his or her principal residence, do not exceed $75,000 or any other prescribed amount.

Consumer proposal:

A simplified proposal for the repayment of debts to creditors by consumer debtors. This proposal is often made in conjunction with debt consolidation.

Credit:

The degree of solvency of a company or individual.

Credit file:

Information collected on your credit card balances and limits, credit lines, debts, payment history (late payments), banking information, bankruptcies, judgments, accounts in collection, etc.

Credit score:

Measure of your solvency or repayment reputation based on information gathered from financial institutions, retailers, and other lenders.

Creditor:

Individual to whom or entity to which money is owed.

Current assets:

Asset than can be converted into cash within a year.

Current liabilities:

Debt obligations the company must fulfill within one year of its normal operating cycle, whichever is longer.

Dependent:

Individual who depends on another for support (e.g., spouse, under-age child, person with a disability, or student).

Dischargeable debts:

Debts that can be cancelled by a bankruptcy.

Dividends:

Distribution to creditors by the trustee in bankruptcy of the amounts paid in accordance with the consumer proposal pursuant to the Bankruptcy and Insolvency Act.

Equity:

Startup capital, profit that has not been paid out as dividends, and income.

Insolvency:

A situation in which an individual is unable to pay his or her debts on time or during the normal course of business.

Inventory:

Detailed statement of the property held by an individual or company at a given date.

Liquidation:

The sale of a company’s property terminating the company's operations and generating a sum of money that the trustee may distribute to creditors.

Medical expenses:

Expenses relating to health care incurred by individuals for themselves or their dependents (e.g., dentist, orthodontist, optometrist, physiotherapist, etc.).

Net income:

Gross salary minus income tax withheld.

Non-dischargeable debts:

Debts that cannot be cancelled by a bankruptcy (e.g., fines, tickets, indemnity for bodily injury, child/spousal support debts, student loans of less than 7 years, debts resulting from fraud or embezzlement).

Notice of intent:

A legal notice by which a debtor advises creditors of his or her intention to present a proposal. The notice of intent gives the debtor 30 days to 6 months to present said proposal.

Official receiver:

An official appointed by the federal government to receive documents for the presentation of proposals and bankruptcies, to question the bankrupt under oath, and to chair creditors’ meetings.

Postponement proposal:

An offer made by debtors to their creditors in order to modify their payments. This measure also allows a company to remain in business while its debt is being restructured.

Recovery:

The measures taken to restore the profitability of a company facing financial problems.

Seizure:

Taking possession of a property further to legal proceedings, a legal right, or bankruptcy.

Superintendent of bankruptcy:

Official who oversees the administration of all cases subject to the Bankruptcy and Insolvency Act.

Support:

Money owed to support a child, former spouse, or other person in need.

Surplus income:

Payments that must be made by the bankrupt during the bankruptcy period. The amount of these payments is based on standards established by the superintendent of bankruptcy and varies according to the personal and family situation of the bankrupt.

Tax debts:

Monies due to a level of government for the payment of income tax.

Total liabilities:

All debt obligations incurred by the company.

Unseizable:

Property that cannot be seized by a bankruptcy trustee or creditor. As a result the trustee cannot dispose of it for the benefit of creditors.

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Raymond Chabot is committed to protecting the personal information that you supply or we gather when you visit our site, specifically when you send us your budget or ask a question.

Personal information that we gather is used for the purposes indicated at the time visitors to our site provide such information. For example, Raymond Chabot uses personal information to contact a user in order to respond to his requests. Raymond Chabot agrees not to transmit or disclose any personal information to a third party unless it is compelled to do so by law.

Raymond Chabot will delete or correct a user’s personal information upon request. We do not assume responsibility for the accuracy of information provided by users and we reserve the right to modify this Confidentiality Policy at any time.

Intent on ensuring that personal information is protected, Raymond Chabot is committed to taking security measures that are generally used and recognized for said purpose in its line of business.

Representatives and subcontractors of Raymond Chabot who must use the personal information we compile to fulfill the duties entrusted to them are required to comply with this policy.

Information contained on this website is of a general nature. It does not replace the personalized advice of professionals based on the specificities of a given case. For more detailed individual information, please contact the persons or units mentioned on this site or send us an online request. Given that laws are subject to revision, circumstances can change, and technical errors can occur, Raymond Chabot makes no warranties or representations as to the accuracy, currency, reliability, or exhaustiveness of the information presented herein, despite the considerable care that has gone into its preparation. Raymond Chabot and its affiliated companies, as well as their partners and employees, cannot be held responsible for any damages or losses whatsoever arising from the use of the information contained herein, including (without limitation) direct, indirect, or consequential damages arising from access to this website, its use or consultation, or links to other websites, even if Raymond Chabot were to be informed of said damages.

Raymond Chabot exercises no control over and is in no way responsible for the contents of other sites accessible via links contained on this website.

The contents of this website are fully protected by copyright (all rights reserved). The downloading and/or printing of pages or passages from this site are authorized provided the copyright notice and all other indications of legal protection are noted. If you download software or any other data from this site or reproduce this material in any other manner, Raymond Chabot reserves all property rights. The reproduction, in whole or in part, transmission (electronic or by any other means), modification, the establishment of a link with the site, or its use for commercial purposes or public dissemination are prohibited without the prior written consent of Raymond Chabot.

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