#Filing
Application filed in the Supreme Court of British Columbia under file B-180692, commencing RMK Investments Inc.'s Division I proposal proceedings.
RMK Investments Inc.
FollowActive
- Proceeding
- Proposalsections 58 and 59 of the BIA
- File
- B-180692
OverviewSummary updated
RMK Investments Inc. is the subject of an active Division I proposal in the Supreme Court of British Columbia, court file B-180692, commenced on February 8, 2019 under sections 58 and 59 of the BIA, with The Bowra Group Inc. as proposal trustee. The proposal was filed January 11, 2019. Per the Statement of Affairs, assets total $104,028 — cash on hand of $29,028 and accounts receivable of $75,000 — equal to estimated gross realizable value. Unsecured claims identified to date are approximately $780,221 across 58 creditors, the largest being Hunter Douglas Canada LP at $307,517.57. Westport Manufacturing Co. Ltd., owned and controlled by sole director Terry Balfour, holds a $212,398 claim and will not participate in the distribution; the proposal does not contemplate payment to secured creditors. At the August 31, 2018 fiscal year-end the company reported negative working capital of $350,243 and a net loss of $133,091.
Claims processIf you are owed money
A claims procedure has been established — see the order for deadlines.
Proceedings AIAsk this case — answers cite the filings
Case updates4 dated entries
1 earlier update, back to 30 October 2018 — subscribers.
Parties
Debtor
RMK Investments Inc.
Proposal trustee
MNP
Bench and counselPer the orders and service lists on the record
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| CreditorMeridian Pacific Communications | Edwards, Kenny & Bray LLP | 8 Feb 2019 | Application · 8 Feb 2019 |
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Westport Manufacturing Co. Ltd.as of date of filing of the Proposal (January 11, 2019) — Related party (owned/controlled by sole director Terry Balfour); non-participating creditor under Proposal; of the $212,398 total, $108,371 is considered unsecured based on remaining asset value, leaving the secured portion by difference; Proposal does not contemplate payment to secured creditors and this creditor will not participate in distribution — debtor: RMK Investments Inc. | $212K | Creditor's Package - Notice of Proposal to Creditors |
RecoveriesAs stated in the filings
Unsecured creditors: a distribution.Under the planCreditor's Package - Notice of Proposal to Creditors · 21 Jan 2019
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | estimated secured and unsecured claims of Westport | — | no distribution | Under the planper the proposal trustee | Creditor's Package - Notice of Proposal to Creditors · 21 Jan 2019 |
| Unsecured | Claims less than $1,000 | — | a distributionconditional | Under the planper the proposal trustee | Creditor's Package - Notice of Proposal to Creditors · 21 Jan 2019 |
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
| Date | Document | File |
|---|---|---|
Notice of Application to Obtain Court Approval
| PDF · Subscribers | |
Creditor's Package - Notice of Proposal to Creditors
| PDF · Subscribers | |
Form 31 - Proof of Claim Form
| PDF · Subscribers | |
Form 37 - Voting Letter
| 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., “RMK Investments Inc.” (Proposal), Supreme Court of British Columbia. Retrieved 20 September 2026, https://proceedings.ca/case/rmk-investments-inc