NFCD

Niagara Falls Craft Distillers Ltd. is in bankruptcy under the Bankruptcy and Insolvency Act in Ontario, having filed an assignment on October 5, 2024. MNP Ltd. is acting as licensed insolvency trustee of the estate, which carries Estate/Court No. 32-3082683 at Hamilton. The Statement of Affairs on Form 78, e-signed by Andrew Murison on October 21, 2024, puts assets at $650,000.00 and liabilities at $8,930,346.57. The asset figure comprises machinery and equipment in the manufacturing division at $150,000.00 and a canning line at $500,000.00, with inventory and the remaining asset categories carried at nil realizable value. The estate administration remains active.