Niagara Falls Craft Distillers Ltd.
- Proceeding
- NOIs 50.4(9) of the BIA
- File
- BK-24-3082683-0032
- Industry
- Manufacturing · Food & beverage manufacturing
Niagara Falls Craft Distillers Ltd. filed a notice of intention on June 20, 2024, in the Ontario Superior Court of Justice under court file BK-24-3082683-0032, with s. 50.4(9) and s. 64.2 of the BIA cited as the statutory basis. The proceeding remains active. The creditor listing attached to the notice shows Bank of Montreal, through its Special Accounts Management Unit, owed $3,135,696.08 on an operating loan, four further loans and a MasterCard facility. The largest trade claim is Alna Packaging Ltd. at $3,911,234.69, followed by Saltam Beverages Inc. at $494,571.38, Danchuk Consulting at $382,418.20 and the LCBO at $354,840.78. Crown and statutory claims include CRA payroll source deductions of $117,784.29, excise duty of $76,699.22, WSIB of $70,580.15, Employer Health Tax of $17,291.60 and GST/HST of $7,084.13. Related-party shareholder loans are also listed, among them IMGK Investment at $201,652.48 and FXDM Inc. at $150,000.
Certificate for the Notice of Intention to file the Proposal dated — NOI certificate of filing
Debtor
Niagara Falls Craft Distillers Ltd.
Proposal trustee
MNP
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Sweeny | Ontario Superior Court of Justice | 2 orders, Sep 2024 | 3 cases on record |
| Justice MacNeil | Ontario Superior Court of Justice | 2 orders, Jun 2024 | 10 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| DebtorNiagara Falls Craft Distillers Ltd. | Reconstruct LLP | 25 Jun 2024 | Order · 25 Jun 2024 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Bank of Montreal; Special Accounts Management Unitas of NOI filing date — Listed as 'Operating Loan, Loan 1 to 4 and MasterCard' in Creditor Listing; classified based on nature of facilities (operating loan/term loans) though listing does not explicitly label as secured or unsecured — debtor: Niagara Falls Craft Distillers Ltd. | $3.14M | Notice to Creditors regarding the Intention to file the Proposal dated |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
78 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSale process approved — SISP approved nunc pro tunc, no sale approved yetOrder for Approval of SISP and Stay Extension dated · 30 Jul 2024
| Date | Document | File |
|---|---|---|
Endorsement of Honourable Justice Sweeny
| PDF · Subscribers | |
Extension and Approval of Reports
| PDF · Subscribers | |
Order for Approval of SISP and Stay Extension dated
| PDF · Subscribers | |
Endorsement of Madam Justice B Macneil dated
| PDF · Subscribers | |
Order of Stay Extension and Administration Charge dated
| PDF · Subscribers | |
Notice to Creditors regarding the Intention to file the Proposal dated
| PDF · Subscribers | |
| Certificate for the Notice of Intention to file the Proposal dated | 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., “Niagara Falls Craft Distillers Ltd.” (NOI), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/niagara-falls-craft-distillers-ltd