Proceedings.

Independent Wine Education Guild (IWEG)

Follow
Active
Proceeding
BankruptcySection 49 of the Act
File
31-3085000
Filings held4
Last activity28 May 2024
On the record846 days
Secured debtSubscribers
OverviewSummary updated

Independent Wine Education Guild (IWEG) became bankrupt on May 28, 2024 under section 49 of the Bankruptcy and Insolvency Act, with TDB Restructuring Limited named as licensed insolvency trustee under estate file 31-3085000 in Ontario. Its statement of affairs, as at May 27, 2024, reported total assets of $44,102.86 against total liabilities of $503,057.85, a stated deficiency of $458,954.99. Listed unsecured claims include $183,839.96 owed to the Wine & Spirit Education Trust, $176,625.71 to HNR Properties Ltd and $61,027.28 to the Canadian Imperial Bank of Commerce. The matter remains active.

Claims processIf you are owed money

A claims procedure has been established — see the order for deadlines.

Proceedings AIAsk this case — answers cite the filings
Ask in plain language. The answer comes only from this case’s filings, each one cited.
Enter to send · Shift+Enter for a new line
Case updates3 dated entries · 1 undated
#Report

Records the bankruptcy of Independent Wine Education Guild (IWEG) as effective May 28, 2024 at 07:16, with TDB Restructuring Limited as trustee.

Source: Certificate of Appointment

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Independent Wine Education Guild (IWEG)

Trustee in bankruptcy

TDB Restructuring

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCIBC Visa credit card 4500041061280344Securities - Other — Estimated value of security $4,994.18; estimated surplus from security $427.97; balance of claim $0.00 — debtor: Independent Wine Education Guild · as of 27 May 2024$4.99KNotice of Bankruptcy and First Meeting of Creditors
51 more claims across lower-ranking classesSubscribe to view
Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents4 filings
DateDocumentFile
Notice of Bankruptcy and First Meeting of Creditors
  • Appointee TDB Restructuring Limited
  • Appointee role trustee
  • Commencement date 28 May 2024
  • Court file no 31-3085000
  • + 5 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee TDB Restructuring Limited
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 28 May 2024
  • Court file no 31-3085000
  • + 1 more extracted fact
PDF · Subscribers
Assignment in Bankruptcy
  • Appointee TDB Restructuring Limited
  • Appointee role trustee
  • Commencement date 27 May 2024
  • Province Ontario
  • + 1 more extracted fact
PDF · Subscribers
Proof of Claim formPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Independent Wine Education Guild (IWEG)” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/independent-wine-education-guild-iweg

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/independent-wine-education-guild-iweg

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.