RCLUB Enterprises Inc. is bankrupt, the bankruptcy taking effect on 26 November 2024 under section 49 of the Bankruptcy and Insolvency Act (file 31-3157988) in Ontario, with TDB Restructuring Limited as licensed insolvency trustee. Its statement of affairs reports total assets of $25,700.00 against total liabilities of $877,627.66, a deficiency of $851,927.66, comprising unsecured creditors of $781,906.46, preferred creditors of $70,021.20 and secured creditors of $25,700.00. The largest unsecured claim is that of 2398674 Ontario Inc. under an APCO loan at $342,457.87; the Royal Bank of Canada holds the secured claims.
A claims procedure has been established — see the order for deadlines.
The officer filed report no. Trustee's Preliminary Report to the Creditors. The Company has ceased operations and abandoned its assets at the former leased premises, which have since been taken over by a third party; the Trustee anticipates no funds will be available for distribution to creditors. Court file 31-3157988.
Source: Trustee's Preliminary Report to Creditors dated December 16, 2024
A trustee's report records the date and time of bankruptcy as 26 November 2024 at 08:57.
Source: Certificate of Appointment
1 earlier update, back to 26 November 2024 — subscribers.
1 filings carry no date on their face — subscribers.
Debtor
RCLUB Enterprises Inc.
Trustee in bankruptcy
TDB Restructuring
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | RBC · in 25 casesChequing account; asset securing liability: furniture (201), trade fixtures (1102), machinery/equipment (1101) — Bank loan except real property mortgage; date given/incurred 06-Nov-2024 — debtor: RCLUB Enterprises Inc. · as of 26 Nov 2024 | $3.02K | Notice of Bankruptcy and First Meeting of Creditors |
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report to Creditors dated December 16, 2024
| PDF · Subscribers | |
Notice of Bankruptcy and First Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Assignment in Bankruptcy
| PDF · Subscribers | |
| Proof of Claim Form | 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., “RCLUB Enterprises Inc.” (Bankruptcy). Retrieved 21 September 2026, https://proceedings.ca/case/rclub-enterprises-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/rclub-enterprises-inc
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.