RMB Canada Inc. is bankrupt, the bankruptcy commencing on 30 September 2009 (file 32-1269062) in Ontario, with The Fuller Landau Group Inc. as trustee. Its statement of affairs reports total assets of $6,801.51 against total liabilities of $899,032.66 and a deficiency of $892,230.85, with no secured or preferred creditors. By far the largest unsecured claim is that of RMB USA, Inc. at $899,025.66.
A claims procedure has been established — see the order for deadlines.
The officer filed a report. RMB Canada ceased operating after sustained financial losses and its US parent's refusal to continue funding, leading to an assignment into bankruptcy; the Trustee holds no operating business or fixed assets, focusing only on collecting receivables and pursuing realization of shares held in RMB International.
Source: RMB Canada Inc. - Report to First Meeting of Creditors.pdf
Debtor
RMB Canada Inc.
Trustee in bankruptcy
Fuller Landau
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | RMB USA, Inc.Largest listed unsecured claim — debtor: RMB Canada, Inc. · as of 30 Sep 2009 | $899K | RMB Canada Inc.- Statement of Affairs.pdf |
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured | |||
| Unsecured |
7 more claims in 1 class The stack holds Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: not yet estimated.EstimatedRMB Canada Inc. - Report to First Meeting of Creditors.pdf · 21 Oct 2009
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | not yet estimated | Estimatedper the trustee | RMB Canada Inc. - Report to First Meeting of Creditors.pdf · 21 Oct 2009 |
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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
RMB Canada Inc. - Report to First Meeting of Creditors.pdf
| PDF · Subscribers | |
| RMB Canada Inc. - Notice to Creditors.pdf | PDF · Subscribers | |
RMB Canada Inc. - Certificate of Appointment.pdf
| PDF · Subscribers | |
RMB Canada Inc.- Statement of Affairs.pdf
| PDF · Subscribers | |
| RMB Canada Inc. - Proof of Claim.pdf | 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., “RMB Canada Inc.” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/rmb-canada-inc
Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/rmb-canada-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.