Rapscallion Wine Company Inc. and Mill Road Farms Ltd.
Follow- Proceeding
- Receivership (private)Subsection 245 & 246 (1) of the Bankruptcy and Insolvency Act
Rapscallion Wine Company Inc. and Mill Road Farms Ltd. are the subject of active insolvency proceedings, in which a receiver took control of the two companies' property on August 13, 2018 and summarized their combined assets at a book value of $1,813,350, a figure that excludes machinery and equipment, listed at an unknown value. Libro Credit Union Limited is shown as owed an estimated $1,219,000 as at that date, secured by general security agreements dated February 25, 2016 and May 14, 2015, with Norfolk District Development Corporation, operating as Venture Norfolk, estimated at $250,000 and a further secured claim of 2334421 Ontario Inc. carried at $1 in Schedule A. Other creditors listed in Schedule A include Bob and Susie Lawrence at $250,000, Frisky Beaver Wines Ltd. at $48,698 and AO Wilson Ltd. at $20,208.
Debtor
Rapscallion Wine Company Inc. and Mill Road Farms Ltd.
Receiver
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Libro Credit Union Limited · in 7 casesGeneral Security Agreements dated February 25, 2016 and May 14, 2015 — Estimated amount owed as at receivership appointment; consistent figure in Schedule A ($1,219,000) — debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. · as of 13 Aug 2018 | $1.22M | Notice and statement of receiver |
| 4 | Secured | Norfolk District Development Corporation o/a Venture NorfolkEstimated amount owed as at receivership appointment — debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. · as of 13 Aug 2018 | $250K | Notice and statement of receiver |
| 4 | Secured | 2334421 Ontario Inc.Amount listed as 'Unknown' in Notice; Schedule A separately lists $1 estimated claim — debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. · as of 13 Aug 2018 | — | Notice and statement of receiver |
| 8 | Unsecured | Bob and Susie Lawrencedebtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $250K | Notice and statement of receiver |
| 8 | Unsecured | Frisky Beaver Wines Ltd.debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $48.7K | Notice and statement of receiver |
| 8 | Unsecured | AO Wilson Ltd.debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $20.2K | Notice and statement of receiver |
| 8 | Unsecured | LCBO A/R Dept #884debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $6.75K | Notice and statement of receiver |
| 8 | Unsecured | Stellar Outdoor Advertising Inc.debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $1.7K | Notice and statement of receiver |
| 8 | Unsecured | WP Warehousing Inc.debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $1.26K | Notice and statement of receiver |
| 8 | Unsecured | Norfolk County · in 2 casesMunicipal creditor; document does not designate as preferred — debtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $1.13K | Notice and statement of receiver |
| 8 | Unsecured | VQA Ontariodebtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $412 | Notice and statement of receiver |
| 8 | Unsecured | Canadian Tods Limited · in 2 casesdebtor: Mill Road Farms Ltd. and Rapscallion Wine Company Inc. | $346 | Notice and statement of receiver |
“not stated” means the record names the claim without a figure; “—” means not in the extracted record.
Closed · the record states no distribution outcome.
As at 13 Aug 2018 · per Book value as summarized by Receiver upon appointment; Machinery and Equipment value unknown · Combined property of Mill Road Farms Ltd. and Rapscallion Wine Company Inc. — Total of $1,813,350 excludes Machinery and Equipment, whose value is listed as 'Unknown'; no liabilities total stated
| Date | Document | File |
|---|---|---|
Notice and statement of receiver
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Rapscallion Wine Company Inc. and Mill Road Farms Ltd.” (Receivership (private)). Retrieved 20 September 2026, https://proceedings.ca/case/rapscallion-wine-company-inc-and-mill-road-farms-ltd