Lounge 1863 Inc.
- Proceeding
- NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- 35-3400092
Lounge 1863 Inc. is the subject of insolvency proceedings in Ontario, court file no. 35-3400092, with a commencement date of June 20, 2026 and a further recorded commencement date of July 20, 2026. Its Statement of Affairs, as of June 20, 2026, shows no secured creditors and unsecured claims of $37,000 owed to Bank of Montreal, $494,184.56 owed to the Canada Revenue Agency for employee source deductions, and $518,225.48 owed to the CRA for HST, the latter two held out as deemed trust claims. On June 20, 2026, the company filed a Notice of Intention to Make a Proposal.
Certificate of Appointment was filed. Court file 35-3400092.
Source: Certificate of Appointment
Debtor
Lounge 1863 Inc.
Proposal trustee
GlassRatner
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | Canada Revenue Agency (CRA) - Tax - Ontario · in 985 casesNature of liability: Employee source deductions - deemed trust class under ITA/CPP/EI; listed under 'Unsecured' column in the Statement of Affairs. — debtor: Lounge 1863 Inc. · as of 20 Jun 2026 | $494K | Notice to Creditors |
| 8 | Unsecured | |||
| 8 | Unsecured |
2 more claims in 1 class The stack holds Deemed trusts (CRA and other) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plans| Date | Document | File |
|---|---|---|
Notice to Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
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CiteProceedings., “Lounge 1863 Inc.” (NOI). Retrieved 4 November 2026, https://proceedings.ca/case/lounge-1863-inc