BRS Canada Acquisition Inc., a Canadian sporting goods distributor and subsidiary of US-based Big Rock Sports, LLC, filed an assignment in bankruptcy on December 5, 2025 and is being administered by KSV Restructuring Inc. as Trustee. All 72 of the company's employees were terminated, and SB360 Capital Partners has continued the liquidation of inventory held at three distribution centres. The Trustee reported cash on hand of CAD $554,000. The estate remains active, with the Trustee's most recent report dated December 17, 2025 at Toronto, Ontario.
Trustee's report, dated at Toronto, set out the post-assignment position: all 72 employees terminated, SB360 continuing inventory liquidation from three distribution centres, and CAD $554,000 cash on hand.
Source: Report on Preliminary Administration dated December 17, 2025
Notice of Bankruptcy and First Meeting of Creditors dated December 11, 2025 — Notice to creditors
Certificate of Appointment dated December 5, 2025 - 31-3307597 was filed. Court file 31-3307597.
Source: Certificate of Appointment dated December 5, 2025 - 31-3307597
BRS Canada Acquisition Inc., Canadian subsidiary of US Big Rock Sports — Bankruptcy filed, Ontario.
Source: Certificate of Appointment dated December 5, 2025 - 31-3307597
Debtor
BRS Canada Acquisition Inc., Canadian subsidiary of US Big Rock Sports
Trustee in bankruptcy
KSV
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Secured creditors (aggregate as reported) · in 37 casesStatement of Affairs summary states total secured creditors of $4,112,165.00; the itemized List of Liabilities (pages 5-10) shows $0.00 in the Secured column for every named creditor, so no individual secured creditor is identified in the pages provided. — debtor: BRS Canada Acquisition Inc. · as of 5 Dec 2025 | $4.11M | Notice of Bankruptcy and First Meeting of Creditors dated December 11, 2025 |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
70 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansAs at ·
Cash on hand
$554K
As at 17 Dec 2025Report on Preliminary Administration dated December 17, 2025
The total the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Report on Preliminary Administration dated December 17, 2025
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors dated December 11, 2025
| PDF · Subscribers | |
Certificate of Appointment dated December 5, 2025 - 31-3307597
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “BRS Canada Acquisition Inc., Canadian subsidiary of US Big Rock Sports” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/brs-canada-acquisition-inc-canadian-subsidiary-of-us-big-rock-sports
Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/brs-canada-acquisition-inc-canadian-subsidiary-of-us-big-rock-sports
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.