Proceedings.

RHH Rental Properties Ltd.

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Proceeding
BankruptcySection 49 of the Bankruptcy and Insolvency Act
File
35-3236991
Filings held4
Last activity1 Aug 2025
On the record460 days
OverviewSummary updated

RHH Rental Properties Ltd. has been bankrupt under the BIA since June 18, 2025. Its Statement of Affairs, drawn from the company's unaudited books at book value or estimated realizable value, lists assets of $26,271,783 against liabilities of $96,397,525, comprising $2,039,637 in secured and $94,357,888 in unsecured claims. Proofs of claim filed to date total $62,202,937 — $2,821,814 secured and $59,381,123 unsecured — differing from the SOA totals. Thirteen parties hold PPSA registrations against the company, and the trustee has not confirmed the basis, consideration or enforceability of that security. Equiton Real Estate Development Fund Limited Partnership holds a $3 million judgment obtained and secured against the company and Mr. Reid as personal guarantor. The Canada Revenue Agency asserts a deemed trust super-priority of approximately $0.9 million for source deductions withheld but not remitted, subject to CRA audit verification.

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Case updates4 dated entries · 1 undated

1 earlier update, back to 18 June 2025 subscribers.

Undated filings1 — no date appears on the document · show

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Parties

Debtor

RHH Rental Properties Ltd.

Trustee in bankruptcy

BDO

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Deemed trusts (CRA and other)Canada Revenue Agency · in 926 casesStatutory deemed trust super-priority (unremitted source deductions) — Deemed trust class claim; approximate $0.9 million per Company's books and records, subject to CRA audit verification. Outranks ordinary security per BIA. — debtor: RHH Rental Properties Ltd.$900KRHH Rental Properties Ltd Trustee's Preliminary Report to Creditors (Final)

16 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: not yet estimated.EstimatedRHH Rental Properties Ltd Trustee's Preliminary Report to Creditors… · 7 Jul 2025

ClassCreditorClaimsRecoveryBasisSource
SecuredPPSA Registered Partiesnot yet estimatedper the trusteeRHH Rental Properties Ltd Trustee's Preliminary Report to Creditors… · 7 Jul 2025
Unsecurednot yet estimatedconditionalEstimatedper the trusteeRHH Rental Properties Ltd Trustee's Preliminary Report to Creditors… · 7 Jul 2025

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents4 filings
DateDocumentFile
Frequently Asked QuestionsPDF · Subscribers
RHH Rental Properties Ltd Trustee's Preliminary Report to Creditors (Final)
  • Appointee BDO Canada Limited
  • Appointee role trustee
  • Commencement date 18 June 2025
  • Court ONTARIO SUPERIOR COURT OF JUSTICE IN BANKRUPTCY AND INSOLVENCY
  • + 6 more extracted facts
PDF · Subscribers
Certificate of appointment for RHH Rental Properties Ltd
  • Appointee BDO CANADA LIMITED / BDO CANADA LIMITÉE
  • Appointee role trustee
  • Commencement date 18 June 2025
  • Court file no 35-3236991
  • + 1 more extracted fact
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Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “RHH Rental Properties Ltd.” (Bankruptcy), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/rhh-rental-properties-ltd

Sources last checked · summary updated 7 August 2026 · Report a correction · Printed from proceedings.ca/case/rhh-rental-properties-ltd

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.