Groupe Métaux Picard (7828659 Canada Inc., 7828632 Canada Inc., 7828667 Canada Inc. and 7828616 Canada Inc.)


Receivership/Bankruptcy

Page last updated: June 10, 2016

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.



Status of file as of June 11, 2016

PricewaterhouseCoopers Inc., in its capacity of Receiver of Picard Scrap Metal Group, hereby solicits, offers for the purchase of certain of the assets of the companies. An information document, including the detailed list of the lots, is available on the section ''Call for Tender'' of this website.

Assets located at the main site (750 Grand rang St-Francois West in Saint-Pie, Quebec) could be visualized without appointment on June 16 and on June 21, 2016 between 10:00 a.m. and 4:00 p.m. and with an appointment on July 5, 2016. Assets located at the other premises could be visualized by appointment by calling SIS Services Inc. at 450-646-1888. 

For any questions, please contact Mr. Wissam Bettahar by email at wissam.e.bettahar@ca.pwc.com or by phone at 514-205-5128.

Offers must be sent to the Receiver, PricewaterhouseCoopers Inc., at 1250 René-Lévesque Boulevard West, Suite 2500, Montréal, Quebec H3B 4Y1, before July 14, 2016 at noon (EDT). Offers must include a bank draft or a certified cheque in the name of the Receiver and representing at least five percent (5%) of the offer for the properties and fifteen percent (15 %) for the other assets.

Status of file as of April 27, 2016

On April 27, 2016, PricewaterhouseCoopers Inc. (Philippe Jordan, CPA, CMA, CIRP, LIT) has been appointed Trustee to the bankruptcies of the following companies:

  • 7828659 Canada Inc., doing business under the names of Groupe Métaux Picard, Métaux Picard & Fille and Picard Scrap Metal Group;
  • 7828632 Canada Inc., doing business under the names of Recyclage Picard & Fille and Recyclage Picard;
  • 7828616 Canada Inc., doing business under the name of Transport MP;
  • 7828667 Canada Inc., doing business under the name of Investissement Picard & Fille.

Their first meeting of creditors will be held on May 24, 2016 at 10:00 a.m, at the office of the official receiver’s office, Sun Life Building, 1155 Metcalfe Street, Room 1071, Montréal, Quebec  H3B 2V6.

Status of file as of April 26, 2016

As per an order rendered on April 26, 2016 by Me Roxanne Boucher, Registrar, PricewaterhouseCoopers Inc. has been appointed Receiver of the assets of the following companies:

  • 7828659 Canada Inc., doing business under the names of Groupe Métaux Picard, Métaux Picard & Fille and Picard Scrap Metal Group;
  • 7828632 Canada Inc., doing business under the names of Recyclage Picard & Fille and Recyclage Picard;
  • 7828616 Canada Inc., doing business under the name of Transport MP;
  • 7828667 Canada Inc., doing business under the name of Investissement Picard & Fille.


This Web site will be updated as information becomes available.

For more information, please contact: Julie Brunet, Telephone: +1 514 205 5383, Fax: +1 514 205 5694, or via Email.
 

Contact us

Julie Brunet

Tel: +1 514 205 5383
Email