RJ Burlington Inc.
FollowActive
- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 32-2669562
Filings held3
Last activity3 Sep 2020
On the record2,209 days
Secured debt$146K
OverviewSummary updated
RJ Burlington Inc. is in bankruptcy under the BIA. Its Statement of Affairs, as at August 31, 2020, reports total assets of $257,000 against total liabilities of $2,498,073.72, producing a deficiency of $2,241,073.72 and no surplus. Unsecured creditors total $2,079,354.72 in claims filed under List A plus a $227,423.00 unsecured shortfall from Bank of Montreal's undersecured claim, bringing total unsecured claims to $2,306,777.72. Secured creditors, comprising Bank of Montreal's security over business assets across two facilities, are valued at $146,296.00 against a combined claim of $373,719.00. Preferred creditors, a property lease claim held by 1475714 Ontario Inc., rank for a $45,000.00 dividend. Related-party shareholder loans account for a substantial share of the unsecured pool, led by a $1,420,916.00 claim from 249932 Ontario Inc.
Proceedings AIAsk this case — answers cite the filings
Case updates3 dated entries
#Claims
A claims procedure was approved.
Source: Form 68 – Notice of Bankruptcy and First Meeting of Creditors
Parties
Debtor
RJ Burlington Inc.
Trustee in bankruptcy
Albert Gelman
Capital structureAs asserted in the filings
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal · in 279 casesBusiness assets - machinery, equipment, furniture & fixtures, computer hardware & software, trade fixtures/leasehold improvements, securing two facilities: CSBFA loan #3871-6998-527 (security given 19-Oct-2016, amount of claim $234,423.00) and Term Loan #3871-6998-447 (security given 28-Nov-2016, amount of claim $139,296.00); combined amount of claim per List B totals $373,719.00 — Claim bifurcated by security valuation: List B total 'Estimated value of security' is $146,296.00, reported on the Statement of Affairs summary (page 1) as 'Secured creditors as per list B'; the shortfall of $227,42 · as of 31 Aug 2020 | $146K | Form 78 – Statement of Affairs |
| 6 | Landlord preferred | 1475714 Ontario Inc.Preferred creditor; property lease claim (Attn Jeffrey Paikin); amount payable in full stated as $0.00, difference ranking for dividend $45,000.00 — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $45K | Form 78 – Statement of Affairs |
| 8 | Unsecured | 249932 Ontario IncShareholder loan; related party (Attn Manish Gosrani) — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $1.42M | Form 78 – Statement of Affairs |
| 8 | Unsecured | Kathryn FrankShareholder loan; related party (individual) — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $300K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Bank of Montreal · in 279 casesCSBFA #3871-6998-527; represents unsecured shortfall (bifurcated balance) after security valuation on the corresponding secured claim per List B — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $227K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Dr Pari Oza Medical Professional CorporationShareholder loan; related party (Attn Dr Pari Oza) — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $100K | Form 78 – Statement of Affairs |
| 8 | Unsecured | DR Judy Ming Medicine Professional CorporationShareholder loan; related party (Attn Dr Judy Ming) — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $50K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Bank of Montreal · in 279 casesAccount 5112420000166847, distinct from CSBFA loan balance also listed under Bank of Montreal — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $40K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Rockin' Jump International LLCFranchise fees — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $34.9K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Mazzon 2014 Family TrustShareholder loan; related party (Attn Mark Mazzon) — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $25K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Rod Schaaf Family Trust 2013Shareholder loan; related party (Attn Rod Schaaf) — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $25K | Form 78 – Statement of Affairs |
| 8 | Unsecured | CRA - GST/HST - Shawinigan-Sud · in 18 casesGST/HST claim; deemed trust class — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $19K | Form 78 – Statement of Affairs |
| 8 | Unsecured | 1475714 Ontario Inc.debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $15.8K | Form 78 – Statement of Affairs |
| 8 | Unsecured | BMO Financial Group c/o BankruptcyHighway.com · in 24 casesAccount 5264550000132690 — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $15.1K | Form 78 – Statement of Affairs |
| 8 | Unsecured | BMO Financial Group c/o BankruptcyHighway.com · in 24 casesAccount 5587 0000 0399 4449 — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $14.4K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Avid Products Inc.debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $5.48K | Form 78 – Statement of Affairs |
| 8 | Unsecured | K5 Signs & Graphicsdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $4.72K | Form 78 – Statement of Affairs |
| 8 | Unsecured | BMO Financial Group c/o BankruptcyHighway.com · in 24 casesAccount 5584 7900 0012 4858 — debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $2.48K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Sunstar Vending Inc.debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $1.37K | Form 78 – Statement of Affairs |
| 8 | Unsecured | Metroland Media Group · in 3 casesdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $993 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Scura & Luna LLPdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $735 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Media Classified Corporation · in 2 casesdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $666 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Cintas Corporation · in 8 casesdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $547 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Cogeco Connexion Inc. · in 12 casesdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $522 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Center Edge softwaredebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $514 | Form 78 – Statement of Affairs |
| 8 | Unsecured | 3247138 Nova Scotia Co.debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $485 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Controltech Systems Corp.debtor: RJ Burlington Inc. · as of 31 Aug 2020 | $407 | Form 78 – Statement of Affairs |
| 8 | Unsecured | American Express c/o FCT Default Solutions · in 46 casesdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $300 | Form 78 – Statement of Affairs |
| 8 | Unsecured | Worldpay Integrated Payments Canada, LLCdebtor: RJ Burlington Inc. · as of 31 Aug 2020 | $102 | Form 78 – Statement of Affairs |
Estate financialsReported figures — never derived
Total assets at filing$257K
Total liabilities at filing$2.5M
As at 31 Aug 2020 · per as stated and estimated by the officer · entity - RJ Burlington Inc. — Deficiency reported as $2,241,073.72; Surplus reported as NIL. Total liabilities comprise unsecured creditors $2,079,354.72 plus balance of secured claims $227,423.00 (= total unsecured creditors $2,306,777.72), secured creditors $146,296.00, and preferred creditors $45,000.00.
Documents3 filings
| Date | Document | File |
|---|---|---|
Form 68 – Notice of Bankruptcy and First Meeting of Creditors
| ||
Certificate of Appointment
| ||
Form 78 – Statement of Affairs
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “RJ Burlington Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/rj-burlington-inc