101792 PEI Inc. dba-Upstreet Craft Brewing
- Proceeding
- ProposalBankruptcy and Insolvency Act, R.S.C. 1985, c. B-3
- File
- 51-3228950
- Industry
- Manufacturing · Food & beverage manufacturing
101792 PEI Inc., doing business as Upstreet Craft Brewing, filed a Division I Proposal under the Bankruptcy and Insolvency Act on May 28, 2025, with the Supreme Court of Prince Edward Island in Bankruptcy and Insolvency (court file no. 51-3228950). Grant Thornton Limited is acting as Proposal Trustee. The proposal was filed with the Trustee and the Official Receiver on the same date, under section 50 of the Act. The matter remains active.
A claims procedure has been established — see the order for deadlines.
The officer filed a report. Upstreet continues to operate its brewery and taphouses as a going concern while pursuing a Division I proposal to compromise creditor claims, contingent on a $300,000 liquidity injection from its president to fund working capital and proposal payments.
Undated filings1 — no date appears on the document · show
Debtor
101792 PEI Inc. dba-Upstreet Craft Brewing
Proposal trustee
Doane Grant Thornton
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal (BMO) · in 297 casesas of approximate, per Statement of Affairs — First ranking specific and general security over all assets, undertakings, and properties of the Company — Approximate figure per Company's Statement of Affairs ('owed approximately $943,000'); also listed in creditor list at $943,012.00 (page 5); only creditor in Secured Creditor Class under Proposal; Proposal contemplates reducing principal to approximately $428,000 if approved — debtor: 101792 PEI Inc. | $943K | Creditors Package |
| 4 | Secured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
80 more claims in 2 classes The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: a distribution. Bank of Montreal (BMO) short.Under the plan · vote pendingReport of the Proposal Trustee on Proposal.pdf · 2 Jun 2025
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredBMO's Secured Claim | Bank of Montreal (BMO) | — | shortfall | Under the planvote pendingper the proposal trustee | Report of the Proposal Trustee on Proposal.pdf · 2 Jun 2025 |
| Unsecured | — | — | Under the planvote pendingper the proposal trustee | Report of the Proposal Trustee on Proposal.pdf · 2 Jun 2025 |
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.
1 blurred figure above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansAs at ·
The total 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 |
|---|---|---|
| Certificate of Assignment dated June 18, 2025.pdf | PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Report of the Proposal Trustee on Proposal.pdf
| PDF · Subscribers | |
Convenience Election Form.pdf
| PDF · Subscribers | |
| Proposal | PDF · Subscribers | |
| OSB Directive No. 22R4 | PDF · Subscribers | |
| Form 31-36 Proof of Claim | 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., “101792 PEI Inc. dba-Upstreet Craft Brewing” (Proposal), Supreme Court of Prince Edward Island. Retrieved 4 November 2026, https://proceedings.ca/case/101792-pei-inc-dba-upstreet-craft-brewing