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Richter Advisory Group Inc. acts as monitor in Taxelco's insolvency proceedings

Date Closed

May 31, 2019

Lead Office


On May 31, 2019, Taxelco Inc. (Taxelco) completed the sale of its assets to Placements Saint-Jérôme inc.

Richter Advisory Group Inc. (Richter) acted as the Monitor of Taxelco and related entities under the Companies' Creditors Arrangement Act during the insolvency proceedings and in the context of the sale of Taxelco’s assets.

Richter is a leading full-service business consultancy and accounting firm, based in Montreal. 

McCarthy Tétrault advised Richter with a team led by Philippe Bélanger and Jocelyn Perreault, that included Louis-Nicolas Boulanger and Alexandre Saulnier-Marceau (Business), as well as Gabriel Faure and François Alexandre Toupin (Bankruptcy & Restructuring).