FREE! Subscribe to News Fetch, THE daily wine industry briefing - Click Here


SPONSORED BY:
Unified Wine & Grape Symposium
SPONSORED BY:

Ardagh Group. Bottles Born & Backed in the USA. Locally manufacturing quality glass for more than 125 years. Find your perfect bottle.

Barrel Stop Gets Offer, Buyer Background Raises Viability Doubts

Bankrupt Barrel Stop has received an offer from a potential buyer, but doubts persist about the legitimacy of the offer and the ability of the potential purchaser to perform.

In addition, Mechanics Bank, which is the largest — $3,766,084 — and most senior secured creditor has objected to Barrel Stop’s reorganization plan which relies entirely on the winery sale.

Wine Executive News subscribers please click here to read the complete 723-word article.

Also In This Article:

The full text of the following sections is available to subscribers of Wine Executive News.

  • OFFER PRICE SET, HEARING SCHEDULED
  • LIENS, JUDGEMENTS, INCONSISTENCIES CAST DOUBTS ON BUYER
  • SALE CONTINGENCIES RAISE ADDITIONAL HURDLES

Previous Wine Industry Insight Coverage Of Barrel Stop

Not a Wine Executive News subscriber yet?

Subscribe to Wine Executive News now, and get the rest of this original article along with everything else on the site every day, including original documents, spreadsheets,and source materials for just $13.99 per month.