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Le Groupe Luxorama Ltée 

On October 26th, 2012, Le Groupe Luxorama Ltée ( “Luxor” or the “Company” ) filed a notice of intention to file a proposal pursuant to Section 50(4) of the Bankruptcy and Insolvency Act.

On November 6th, 2012, Luxor was deemed to have filed an assignment for not having filed a projected cash-flow statement and KPMG Inc. was appointed as Trustee of the estate of the bankrupt by the official receiver, subject to affirmation by the creditors of the Trustee’s appointment or substitution of another trustee by the creditors.

 

The first meeting of creditors of the bankrupt will be held on the 29th day of November 2012, at 10:00 am at the office of the Superintendent of Bankruptcy, at 5 Place Ville-Marie, 8th floor, in Montreal, Quebec.

 

As of November 14, 2012, KPMG Inc., in its capacity of Trustee in the bankruptcy of Luxor, is soliciting tenders in separate lots or “en bloc” in respect of the assets of the Company. It should be noted that offers are subject to the approval of the secured creditors. Sealed tenders must legibly bear, on the front of the envelope, the inscription "TENDER – Le Groupe Luxorama Ltée". These tenders will be received at the office of the Trustee, KPMG Inc., at 600 de Maisonneuve blvd. West, Suite 1500, Montreal, Quebec, H3A 0A3, until Tuesday, November 27, 2012 at 2:00 pm.

 

Interested parties may inspect the property on Wednesday, November 21, 2012 from 9:30 am to 4:00 pm at 630 Roland-Godard blvd., Saint-Jérôme, Quebec. Conditions related to the sale are available in the documentation below. The opening of tenders will take place in the presence of the Trustee and the secured creditors at the Trustee’s office Tuesday, November 27, 2012 at 3:00 pm.

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 Court Materials and Orders

Notice-Of-Intention-To-File-A-Proposal.pdf
Notice-Of-Intention-To-File-A-ProposalUse SHIFT+ENTER to open the menu (new window).
743 KB
Public-Call-For-Tenders.pdf
Public-Call-For-TendersUse SHIFT+ENTER to open the menu (new window).
4305 KB
Notice-Of-Bankruptcy.pdf
Notice-Of-BankruptcyUse SHIFT+ENTER to open the menu (new window).
4842 KB

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Dev A. Coossa, CIRP
514 840-2555
dcoossa@kpmg.ca

 

Maxime Codère, CPA, CA
514-940-7528
mcodere@kpmg.ca