#Claims
The claims process in Bucha Brew Ltd.'s estate was approved as of March 21, 2024, the date Crowe MacKay & Company Ltd. became trustee.
Source: Notice of Bankruptcy
Bucha Brew Ltd.
FollowActive
- Proceeding
- BankruptcySubsection 102(1) of the Act
Filings held1
Last activity21 Mar 2024
On the record914 days
OverviewSummary updated
Bucha Brew Ltd. has been in insolvency proceedings in British Columbia since March 21, 2024, with Crowe MacKay & Company Ltd. as trustee, proceeding under subsection 102(1) of the Act. The statement of affairs, as stated and estimated by the officer at March 20, 2024, records total assets of $92,109.09 against total liabilities of $488,800.22 and a deficiency of $396,691.13. The Canada Revenue Agency holds a source deductions claim of $94,542.76 secured on the company's cash, receivables, royalties, a walk-in cooler and its interest in DJ Beverages, and is owed a further $133,457.74 on GST/HST. Other claims include a $60,000.00 Vancity CEBA loan, $44,689.26 on a personal loan from related party Kara Sam and $43,802.69 on a CIBC business Visa account.
Proceedings AIAsk this case — answers cite the filings
Case updates1 dated entry
Parties
Debtor
Bucha Brew Ltd.
Trustee in bankruptcy
Crowe MacKay
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Deemed trusts (CRA and other) | CRA - Tax - Pacific (Source deductions) · in 71 casesCash on Hand ($56,651.33); Debts Due - Business Accounts Receivable ($35,454.76); Other - Royalties ($1.00); Other - Walk-in cooler ($1.00); Business Assets - Subsidiary - DJ Beverages ($1.00) — Deemed trust / CRA source deductions claim; balance of claim after security value $2,433.67 — debtor: Bucha Brew Ltd. · as of 14 Mar 2024 | $94.5K | Notice of Bankruptcy |
Estate financialsReported figures — never derived
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
Documents1 filing
| Date | Document | File |
|---|---|---|
Notice of Bankruptcy
| 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., “Bucha Brew Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/bucha-brew-ltd