Proceedings.

Team Syntegrity Americas Inc

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Proceeding
BankruptcyBankruptcy and Insolvency Act (Canada)
File
31-2744477
Filings held2
Last activity11 Jun 2021
On the record1,928 days
OverviewSummary updated

Team Syntegrity Americas Inc's Statement of Affairs, as at June 11, 2021, reported realizable assets of approximately $445,000 in cash and $313,660 in accounts receivable, and stated there were no known secured or preferred creditors. RBC, which held the company's cash deposits and a corporate credit card facility, advised on June 15, 2021 that approximately $8,200 was owed under the credit card facility, and had not released the cash on deposit pending discussion of potential rights against the balances. The Statement of Affairs listed roughly 45 unsecured creditors totalling approximately $15,471,826, including about $14.6 million in related-party claims from RTI and RTIS. Proofs of claim later filed totalled $15,648,805 across 11 claims, and preferred claims totalling $27,707 were filed despite the Statement of Affairs indicating none were known.

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Case updates2 dated entries
Parties

Debtor

Team Syntegrity Americas Inc

Trustee in bankruptcy

KPMG

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
UnsecuredUnsecured creditors (aggregate as reported) · in 532 casesas of Date of Bankruptcy (June 11, 2021) — Includes approximately $14.6 million in claims from RTI and RTIS (parent/related companies) — related-party unsecured claims. Figure excludes any amount owing to the Landlord (Brookfield Place (Wellington) Limited), which separately holds a $136,000 letter of credit issued by the Company (no claim amount stated). Proofs of claim actually filed for unsecured claims totalled $15,648,805 (11 claims) as at the date of the report — a different, later-measured figure than the SOA-reported total, per Rule distinguishing reported vs. filed. Three claims asser$15.5MTrustee's Report to the First Meeting of Creditors on Preliminary Administration [ ]
Documents2 filings
DateDocumentFile
Trustee's Report to the First Meeting of Creditors on Preliminary Administration [ ]
  • Appointee KPMG Inc.
  • Appointee role trustee
  • Commencement date 11 June 2021
  • Financial position Subscribers
  • + 5 more extracted facts
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Certificate of Appointment dated June 11, 2021
  • Appointee KPMG INC.
  • Appointee role trustee
  • Commencement date 11 June 2021
  • Court file no 31-2744477
  • + 1 more extracted fact
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CiteProceedings., “Team Syntegrity Americas Inc” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/team-syntegrity-americas-inc

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