The Superior Court of Québec has placed Brytor International Moving Inc. and two related companies into court-appointed receivership, and IAM was informed that Brytor has temporarily stopped operations.
The order, released to IAM on November 4 and issued by the court’s Commercial Division in Montreal, covers Brytor International Moving Inc., Internic Services de Déménagement Inc., and Emballage Internic Inc. It was granted on an application by secured lender Royal Bank of Canada after the three companies agreed to the appointment on September 17. Guillaume Landry of Raymond Chabot is the receiver’s designated representative.
The receiver has authority to take possession and control of the companies’ assets and business affairs, collect receivables, continue or discontinue operations, and pursue the sale of assets. The order specifically excludes goods belonging to clients or third parties that are in the companies’ possession. It also bars suppliers and contract partners from ending or changing their agreements without the receiver’s consent and says the receiver may provide information to creditors who request it in writing. The receivership is not, in itself, a declaration of bankruptcy.
FIDI canceled Brytor’s Toronto affiliation on November 4, citing the receivership.
IAM Member Impact: Members with shipments in Brytor’s care should contact Raymond Chabot in writing to confirm the status and location of goods and arrange their release, since the order excludes client and third-party property from the assets the receiver controls. For help with intervention, members can file unpaid invoices through the IIRS (https://mx.mobilityex.com/iirs). If it is established that Brytor has permanently ceased operations, or if the company formally files for bankruptcy, invoices may be eligible for RPP compensation if they are reported to IAM within 120 days of the invoice date, subject to the RPP’s terms and eligibility requirements. Members should report invoices promptly, since some may already be close to the 120-day limit.
Source: Superior Court of Québec; Translation