On October 26^th, 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 6^th, 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 29^th day of November 2012, at 10:00 am at the office of the Superintendent of Bankruptcy, at 5 Place Ville-Marie, 8^th 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.

Contact Information
514-840-2311
reclamation@kpmg.ca

Court Materials and Orders

Notice-Of-Intention-To-File-A-Proposal[PDF 743KB]

Public-Call-For-Tenders [PDF 4305KB]

Notice-Of-Bankruptcy [PDF 4842KB]