This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.
On April 1st, 2016, following the filing of a Motion to extend the Initial Order an to modify certain clauses of the Initial Order, the Superior Court of Quebec issued an order extending the stay of proceedings against the Groupe Hexagone entities until June 7th, 2016. We refer you to the Order dated April 1st, 2016 for more details.
On March 3, 2016, an Order was rendered by the Superior Court of Quebec granting protection to Les investissements Hexagone Inc., Groupe Hexagone s.e.c., Location Hexagone Inc., Les entreprises commerciales Hexagone Inc., 9324-9928 Québec Inc. and 9328-5021 Québec Inc. (collectively « Groupe Hexagone ») under the Companies’ Creditors Arrangement Act and PricewaterhouseCoopers Inc. has been appointed Monitor in this matter. All proceedings against the companies are stayed until April 1, 2016. We refer you to the Initial Order for more information.
Groupe Hexagone s.e.c., Investissements Hexagone Inc. and Location Hexagone Inc., of the City of Boisbriand, Province of Quebec, had filed with the Official Receiver a “Notice of Intention to Make a Proposal” pursuant to Subsection 50.4(1) of the Bankruptcy and Insolvency Act on the 2nd day of February 2016.
Pursuant to Section 69 of the Bankruptcy and Insolvency Act, all proceedings against the corporations are stayed as of the date of filing the Notice of Intention to Make a Proposal with the Official Receiver.
This Web site will be updated as information becomes available.
For more information, please contact: Eric Tadros, Telephone: +1 514 205 5130, Fax: +1 514 205 5694, or via Email.