Dragan Brewing and Wine Company Inc
- Proceeding
- NOIBIA s. 50.4
- File
- BK-23-02956593-0032
- Industry
- Manufacturing · Food & beverage manufacturing
Dragan Brewing and Wine Company Inc. filed a notice of intention to make a proposal under s. 50.4 of the Bankruptcy and Insolvency Act on November 6, 2023, and the proceeding remains active before the Ontario Superior Court of Justice (In Bankruptcy and Insolvency), file no. BK-23-02956593-0032, also recorded as 32-2956593. The company's principal secured creditor is StoneRidge Lending Inc., which holds a general security agreement securing a $1.5 million loan advance. That loan matured on September 10, 2022 and was extended to March 30, 2023. In motion materials, StoneRidge asserts that the amount owing under the loan agreement is now over $1.65 million, including principal, interest, fees, charges and other amounts; the figure is disputed.
Interim order granted on November 6, 2023, the same date the proceeding commenced; the record sets out none of its terms.
Debtor
Dragan Brewing and Wine Company Inc
Proposal trustee
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Goodman | Ontario Superior Court of Justice | 1 order, Nov 2023 | 14 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Secured creditorStoneRidge Lending Inc | Ross Nasseri LLP | 6 Nov 2023 | Order · 6 Nov 2023 |
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | StoneRidge Lending Inc. · in 2 casesas of Trustee's First/Second Report (July-August 2023 court filings) — General security agreement securing $1.5 million loan — StoneRidge claims the Loan amount is now over $1.65 million including principal, interest, fees, charges and other amounts owed under the Loan agreement; original loan advance was $1.5 million, matured September 10, 2022, extended to March 30, 2023; disputed amount asserted by secured creditor in motion materials — debtor: Dragan Brewing and Wine Company Inc. | $1.65M | Material Adverse Change Report |
Unsecured creditors: no distribution.EstimatedPreliminary Report of Trustee · 27 Nov 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Preliminary Report of Trustee · 27 Nov 2023 |
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.
As at ·
The total the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| Date | Document | File |
|---|---|---|
Preliminary Report of Trustee
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Order of Justice Goodman re Bankruptcy
| PDF · Subscribers | |
Material Adverse Change Report
| PDF · Subscribers | |
| Certificate of Filing of Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Notice of Intention to Make a Proposal | PDF · Subscribers | |
| Trustee Consent | 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., “Dragan Brewing and Wine Company Inc” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/dragan-brewing-and-wine-company-inc