#Report
Court officer's report filed on the July 20, 2026 commencement of the bankruptcy, its date taken from the notice of intention date, under court file 35-3400092.
Source: Certificate of Appointment
Lounge 1863 Inc.
FollowActive
- Proceeding
- NOIsubsection 50.4 (1) of the Bankruptcy and Insolvency Act
- File
- 35-3400092
Filings held2
Last activity20 Jul 2026
On the record63 days
OverviewSummary updated
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.
Proceedings AIAsk this case — answers cite the filings
Case updates2 dated entries
Parties
Debtor
Lounge 1863 Inc.
Proposal trustee
GlassRatner
Capital structureAs asserted in the filings
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Unsecured | Canada Revenue Agency (CRA) - Tax - Ontario · in 926 casesNature of liability: Sales taxes (HST) - deemed trust class under Excise Tax Act; listed under 'Unsecured' column in the Statement of Affairs. — debtor: Lounge 1863 Inc. · as of 20 Jun 2026 | $518K | Notice to Creditors |
| Unsecured | Canada Revenue Agency (CRA) - Tax - Ontario · in 926 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 |
| Unsecured | Bank of Montreal · in 279 casesNature of liability: Bank Loans (except real property mortgage). Reported entirely under 'Unsecured' column ($0.00 Secured). — debtor: Lounge 1863 Inc. · as of 20 Jun 2026 | $37K | Notice to Creditors |
Documents2 filings
| Date | Document | File |
|---|---|---|
Notice to Creditors
| ||
Certificate of Appointment
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Lounge 1863 Inc.” (NOI). Retrieved 20 September 2026, https://proceedings.ca/case/lounge-1863-inc