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Noggle Vineyards Wine To Be Sold At Bankruptcy Auction

Approximately 600 cases of wine from Lake County’s Noggle Vineyards and Winery will be sold at bankruptcy auction next year. Wine Executive News subscribers please click here to read the complete article. Not a Wine Executive News subscriber yet? Subscribe to Wine Executive News now, and get the rest of this original article along with […]

Lexington Street Files Court Papers Alleging Robert Dahl Felonies

Lexington Street Investments LLC has filed a document in Napa Superior Court that it says proves Robert Dahl was convicted of two felonies convictions in Minnesota. In an email received by Wine Industry Insight early this morning, Dahl said, “There are no such convictions.” Dahl is the owner or managing partner in a number of […]

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Dahl & Napa Point Winery Object To Napa Court Ruling On Wine & Tanks

Robert Dahl and his Napa Point Winery LLC were ordered last week  to turn over wine and wine tanks to Lexington Street Investments LLC, but have challenged the decision. Dahl’s attorney has objected to by Napa Superior Court, Judge Rodney Stone’s tentative ruling and that sends the matter back to the judge who said he will […]

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Wine Industry Financial Health Looking Good: Silicon Valley Bank

2014 Has been a very good year for the vast majority of wineries, according to Silicon Valley Bank’s 2014 industry survey. The entire report can be accessed by clicking on this link. According to the report summary: 82% of wineries reported overall financial health of “good” or better for 2014. This is up 7% over […]

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Napa Wine Finance Deal Tangled In Court Suits Charging Usury, Fraud, Securities Violations

EDITOR’S NOTE: The attorney for Patio Wine Company/Robert Dahl took issue with some parts of this article and asked that we allow his letter to be accessed by all readers (both free and premium) by clicking this link. A Napa wine investment/loan gone bad has wound up in two Bay Area Superior Courts amid a […]

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Merrill Lynch Bullishness On Treasury May Be Wishful Thinking

Treasury Wine Estates has put the worst behind it with new leadership and “a strategic direction fully supported by the majority of its shareholder base,” according to a Nov. 6 analyst report from Bank of America/Merrill Lynch, which may be peppered with some wishful thinking. The new report opens with a “buy” rating and a […]

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Vivino Wine App Total Investment Now Tops $12 Million

CORRECTION: The total raise, according to Vivino, is just over $12 million. News Fetch incorrectly counted the previously reported $10.3 million as a separate raise. Vivino has raised $ 12,218,729 from investors since June 26 of this year according to a Form D filed with the Securities and Exchange Commission yesterday, November 6. The form […]

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Crimson Wine Restates Erle Martin Departure, Gives Him $750K Severance

Crimson Wine Company (Nasdaq: CWGL) filed 8K, and 8K/A documents with the SEC today that revise its previous statement regarding the sudden departure of President and CEO Erle Martin. Among the documents was a severance agreement that included a $750,000 payment to Martin and a mutual release of legal liabilities between him and the company. […]

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Crimson Wine Group Announces Shakeup At The Top

In a tersely worded 8-K statement filed today with the Securities and Exchange Commission, Crimson Wine said that President and CEO Erle Martin “is no longer an employee.” No reason was stated, nor was there an indication of whether his departure was voluntary or not. According to the entire short statement, signed by Chief Financial […]

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HillWineCo: More Bulk Wine Discovered & Up For Grabs

IMPORTANT NOTE: Hill Family Estate as well as William Hill Estate Winery, are not affiliated with, nor owned by the same families as The Hill Wine Company in this and previous bankruptcy articles. Bankruptcy Trustee Lois I. Brady who is overseeing the Chapter 7 liquidation of Hill Wine Company has signed a deal with Appellation […]

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