Proceedings.

Junction Craft Brewing Inc.

Follow
Active
Proceeding
NOIsubsection 50.4(1) of the Act
File
31-2774500
Filings held17
Last activity4 Jan 2022
On the record1,802 days
OverviewSummary updated

Junction Craft Brewing Inc. filed a notice of intention under subsection 50.4(1) of the Bankruptcy and Insolvency Act on October 15, 2021, before the Ontario Superior Court of Justice (Commercial List), under estate file 31-2774500. Richter Advisory Group Inc. is named as licensed insolvency trustee. Its list of creditors records unsecured claims including $842,961.75 owed to Farm Credit Canada, $489,652.65 to Steve Dobronyi, $417,411.93 to Ed Lycklama and $350,482.40 to Tom Schmidt. The matter remains active.

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 updates16 dated entries · 1 undated

13 earlier updates, back to 15 October 2021 subscribers.

Undated filings1 — no date appears on the document · show

1 filings carry no date on their face — subscribers.

Parties

Debtor

Junction Craft Brewing Inc.

Proposal trustee

Richter

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice PennyOntario Superior Court of Justice4 orders, Nov 2021 – Dec 2021179 cases on record

Counsel of record

PartyCounselFirst seenSource
Proposal trusteeRichterAird & Berlis LLP17 Dec 2021Order · 17 Dec 2021
DebtorJunction Craft Brewing Inc.Chaitons LLP17 Dec 2021Order · 17 Dec 2021
CreditorDepartment of JusticeMacDonald Sager Manis LLPService list
CreditorFarm Credit CanadaHarrison Pensa LLPService list
CreditorTHOMAS SCHMIDT, EDWARD LYCKLAMA, TRAVIS GRIFFITH, and PAUL WRIGHTLoopstra Nixon LLPService list
Capital structureAs asserted in the filings
Priority classCreditorAmountSource
Preferred (BIA s. 136)Employees · in 185 casesas of NOI filing date — Employee wage claims; may be preferred but not labelled as such in document — debtor: Junction Craft Brewing Inc.$250Notice of Intention to Make a Proposal – dated October 22, 2021

130 more claims across lower-ranking classes

Subscribe

Already a subscriber? Sign in.

Sale processAs stated in the filings

Successful bid selectedNo offers other than the offer from the Stalking Horse Purchaser were received; the Stalking Horse Purchaser was deemed the winning bidder pending Court approvalSecond Report of Richter Advisory Group Inc. in its capacity as Trustee… · 14 Dec 2021

PurchaserPriceStatusSource
1000003509 Ontario LimitedStalking horsethe New Class A Shares · share sale · ResidualCo: 1000054770 Ontario Inc. · agreement 5 Nov 2021SubscribersCloseddate not statedProposal Trustee’s Trustee’s ResidualCo…
AdvisorsLeveredge Assets Solutions Inc. (financial advisor); Richter Advisory Group Inc. (financial advisor)Second Report of Richter Advisory Group Inc. in its capacity as Trustee…
Closing termsClosing occurs via delivery of two Proposal Trustee's certificates: the ResidualCo Certificate transferring Excluded Assets/Liabilities to ResidualCo, followed by bankruptcy of ResidualCo, then the Share Sale Certificate vesting the New Class A Shares in the Purchaser.Approval and Vesting Order – dated December 17, 2021
Fees and ratesAs stated in the filings

3 engagements · 2 firmslatest: Aird & Berlis LLP, 14 Nov – 30 Nov 2021Second Report of Richter Advisory Group Inc. in its capacity as Trustee… · 14 Dec 2021

FirmPeriodHoursFeesRatesSource
Aird & Berlis LLPCounselperiod 1 of 214 Nov – 30 Nov 2021••••••Second Report of Richter Advisory Group Inc. in its capacity as Trustee… · 14 Dec 2021
Aird & Berlis LLPCounselperiod 1 of 2•••Motion Record (returnable December 17, 2021) · 17 Dec 2021
Richter Inc.Financial advisorthe Period••••••Motion Record (returnable December 17, 2021) · 17 Dec 2021

5 stated figures across 3 engagements, each sourced

Subscribe

Already a subscriber? Sign in.

Estate financialsReported figures — never derived

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

Cash on hand

$200K

As at 14 Dec 2021Second Report of Richter Advisory Group Inc. in its capacity as Trustee under the Notice of Intention to make a Proposal of Junction Craft Brewing Inc. – dated December 14, 2021

1 more reported figure, as at 14 Dec 2021

Subscribe

Already a subscriber? Sign in.

Documents
17 filings
DateDocumentFile
Proposal Trustee’s Certificate – dated January 4, 2022PDF · Subscribers
Proposal Trustee’s Trustee’s ResidualCo Certificate – dated December 30, 2021
  • Closing confirmed Closed · date not stated · 1000003509 Ontario Limited
PDF · Subscribers
Endorsement of Penny J – dated December 20, 2021
  • Presiding officer Justice Penny
PDF · Subscribers
Approval and Vesting Order – dated December 17, 2021
  • Closing terms Closing occurs via delivery of two Proposal Trustee's certificates: the ResidualCo Certificate transferring Excluded Assets/Liabilities to ResidualCo, followed by bankruptcy of ResidualCo, then the Share Sale Certificate vesting the New Class A Shares in the Purchaser.
  • Purchaser 1000003509 Ontario Limited · the New Class A Shares · share sale · approved
  • Residualco 1000054770 Ontario Inc.
  • Stalking horse Subscribers
PDF · Subscribers
Junction Order – dated December 17, 2021
  • Counsel Aird & Berlis LLP
  • Presiding officer Justice Penny
PDF · Subscribers
Motion Record (returnable December 17, 2021) – dated December 14, 2021
  • Recovery outcome Entries: per liquidation_alternative; per liquidation_alternative · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Second Report of Richter Advisory Group Inc. in its capacity as Trustee under the Notice of Intention to make a Proposal of Junction Craft Brewing Inc. – dated December 14, 2021
  • Cash on hand · Disbursements · Fee schedule · Financial position Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Endorsement- dated November 8, 2021PDF · Subscribers
Junction Order – dated November 8, 2021
  • Presiding officer Justice Penny
PDF · Subscribers
Motion Record (returnable November 8, 2021) – dated November 1, 2021
  • Proceeding type bia_noi
PDF · Subscribers
Order (re Sale Process and ancillary relief) – dated November 8, 2021
  • Presiding officer Justice Penny
  • Purchaser 1000003509 Ontario Limited (stalking horse) · the transaction contemplated pursuant to the Stalking Horse Agreement · share sale · approved
  • Sale outcome Sale process approved — Sale process approved and stalking horse agreement authorized for execution
  • Break fee Subscribers
  • + 1 more extracted fact
PDF · Subscribers
Supplement to the First Report of Richter Advisory Group Inc. in its capacity as Trustee under the Notice of Intention to Make a Proposal – dated November 5, 2021
  • Purchaser 1000003509 Ontario Limited (related party) · New Class A Shares of Junction · share sale · proposed
  • Recovery outcome Entries: per liquidation_alternative; per liquidation_alternative · Stated on: 2021-11-05 · Table missing:
  • Sale advisor Leveredge Assets Solutions Inc. (financial advisor)
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
First report of Richter Advisory Group Inc. in its capacity as Trustee under the Notice of Intention to Make a Proposal – dated November 2, 2021
  • Appointee Richter Advisory Group Inc.
  • Appointee role trustee
  • Commencement date 15 October 2021
  • Cash on hand Subscribers
  • + 10 more extracted facts
PDF · Subscribers
Notice of Intention to Make a Proposal – dated October 22, 2021
  • Appointee Richter Advisory Group Inc.
  • Appointee role trustee
  • Commencement date 15 October 2021
  • Court file no 31-2774500
  • + 5 more extracted facts
PDF · Subscribers
Acquisition Opportunity: Toronto Craft BreweryPDF · Subscribers
Certificate of Filing a Notice of Intention to Make a Proposal – dated October 15, 2021
  • Appointee RICHTER ADVISORY GROUP INC/RICHTER GROUPE CONSEIL INC
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 15 October 2021
  • Court file no 31-2774500
  • + 1 more extracted fact
PDF · Subscribers
Service List
  • Counsel Chaitons LLP
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., “Junction Craft Brewing Inc.” (NOI), Ontario Superior Court of Justice. Retrieved 20 September 2026, https://proceedings.ca/case/junction-craft-brewing-inc

Sources last checked · summary updated 24 August 2026 · Report a correction · Printed from proceedings.ca/case/junction-craft-brewing-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.