On August 27, 2021, Sylvain Gagné lent $45,000 to Tommy Julien Quintin a12% annual interest.
Partial interest payments were made, but $45,450 remained due.
On March 4, 2022 , Quintindebt acknowledgment for the full amount, binding himself and the co-defendant companies as solidary guarantors.
No further
Procedural History:
The trial was scheduled for January 17, 2025.
On January 15, 2025 , QuNotice of Intention under s. 50.4(1) of the Bankruptcy and Insolvency Act, triggering an automatic stay of proceedings against him.
At trial, the defendants were absent, and their lawyer confirmed they had no evidence or arguments.
Court Findings:
Gagné proved his claim.
Placements ASK inc. failed to establish a legal link to the defendants.
Tommy Julien Management Inc. wdissolved in October 2023, but the claim could proceed under s. 306 of the Business Corporations Act.
Decision:
Gestion Tommy Julien inc. and9379-6043 Québec inc. are solidarily condemned to pay $45,450 + 12% annual interest from September 1, 2022, plus legal costs.
