Proceedings.

RNG Restaurants Ltd.

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Proceeding
BankruptcyBankruptcy and Insolvency Act
File
32-2474918
Filings held2
Last activity15 Feb 2019
On the record2,821 days
OverviewSummary updated

RNG Restaurants Ltd. filed a Statement of Affairs (Form 78) as at February 5, 2019, reporting total assets of $1,001,306.18 against total liabilities of $1,876,914.48, leaving a stated deficiency of $875,608.30. Secured claims are held by Royal Bank of Canada, 2M7 Financial Solutions, Bodkiin Capital Corporation, the Ministry of Finance, and the Canada Revenue Agency (Ontario account 844493056RP0001), several of which also carry unsecured deficiency balances after security. The unsecured creditor list, headed by Boston Pizza International Inc. at $257,818.00, CTREIT at $270,473.00, Thinking Capital Financial Corporation at $97,302.78, and a separate CRA account (844493056RT0001) at $69,515.29, also includes numerous smaller trade and utility creditors. No preferred or contingent claims are recorded on Lists C and D.

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Case updates2 dated entries
Parties

Debtor

RNG Restaurants Ltd.

Trustee in bankruptcy

msi Spergel inc.

Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
3Deemed trusts (CRA and other)CRA - Tax - Ontario (Account 844493056RP0001) · in 259 casesBusiness Assets - Trade Fixtures - Leasehold Improvements (estimated value $182,691.01); Business Assets - Machinery/Equipment/Furniture and Stock in Trade - Inventory (estimated value $0.00 each) — Deemed trust class claim (CRA); balance of claim after security is $0.00 (fully covered by estimated security value). — debtor: RNG Restaurants Ltd. · as of 5 Feb 2019$183KCreditor’s Package
4Secured
4Secured
4Secured
4Secured
8Unsecured
8Unsecured
8Unsecured
8Unsecured
8Unsecured

29 more claims in 2 classes The stack holds Deemed trusts (CRA and other), Secured and Unsecured claims.

Every creditor and every amount, drawn to scale.

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Estate financialsReported figures — never derived
Total assets at filing
Total liabilities at filing

As at ·

The 2 totals the debtor stated at filing

Each one as the filing states it, with its source.

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Documents2 filings
DateDocumentFile
Creditor’s Package
  • Appointee msi Spergel inc.
  • Appointee role trustee
  • Commencement date 14 February 2019
  • Court file no 32-2474918
  • + 5 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MSI SPERGEL INC
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 14 February 2019
  • Court file no 32-2474918
  • + 2 more extracted facts
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., “RNG Restaurants Ltd.” (Bankruptcy). Retrieved 4 November 2026, https://proceedings.ca/case/rng-restaurants-ltd

Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/rng-restaurants-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.