UCG Canada Holdings Inc.

Bankruptcy

^{Page last updated: June 9, 2025}

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 9, 2025

UCG Canada Holdings Inc. is deemed to have filed an assignment on the 2nd day of June 2025.

The first meeting of creditors of the bankrupt will be held on June 23, 2025, at 10:00 a.m. by videoconference, the access link for which is available by contacting the trustee by email at the following address: ca_pwc_qc@pwc.com.

To be entitled to vote at the meeting, a creditor must lodge with the trustee, before the meeting, a proof of claim and, where necessary, a proxy.

Status of File as of April 17, 2025

On April 15, 2025, following the filing of a motion by the Debtor, the Superior Court of Québec issued an order extending the time to file a Proposal and the Stay Period to May 30, 2025. 

On the same date, the Court also issued various orders approving, among other things: 

• the sale of certain assets; 
  
• authorization to proceed with the liquidation of inventories according to guidelines; 
• a settlement agreement with a service provider; 
• an initial distribution to the secured creditor.

We refer you to the orders dated April 15, 2025 for more details.

Status of File as of February 28, 2025

On February 28, 2025, following the filing of a motion by the Debtor, the Superior Court of Québec issued an order extending the time to file a Proposal and the Stay Period to April 15, 2025.

We refer you to the order dated February 28, 2025 for more details.

Status of File as of January 16, 2025

On January 15, 2025, following the filing of a motion by the Debtor, the Superior Court of Québec issued an order extending the time to file a Proposal and the Stay Period to March 1, 2025 and approving an interim financing.

On the same date, the Court also issued an order approving a sale and investment solicitation process.

We refer you to the orders dated January 15, 2025 for more details.

Status of File as of December 16, 2024

UCG Canada Holdings Inc., doing business as Frank & Oak, of the City of Montreal, Province of Quebec, has 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 16th day of December 2024.

Pursuant to Section 69 of the Bankruptcy and Insolvency Act, all proceedings against the corporation are stayed as of the date of filing the Notice of Intention to Make a Proposal with the Official Receiver.