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From: lewis.perdue@wineindustryinsight.com

Subject: Global tech entrepreneur emerges as white knight to end bitter Sullivan Vineyards bankruptcy - WINE EXECUTIVE NEWS - November 9, 2017

Date: 2017-11-09 08:35:01

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Global tech entrepreneur emerges as white knight to end bitter Sullivan Vineyards bankruptcy| November 9, 2017
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From editor & publisher, Lewis Perdue
November 9, 2017

In case you missed this in today's News Fetch email

Global tech entrepreneur emerges as white knight to end bitter Sullivan Vineyards bankruptcy

A globally successful technology executive entrepreneur has emerged as a white knight who is expected to make an 8-figure, all-cash offer to settle the bitter and contentious bankruptcy of Sullivan Vineyards by buying the winery and vineyards for an amount sufficient to reimburse all creditors and still leave some equity for the Sullivan family, according to bankruptcy documents and public records.

The remainder of this original article is available to Wine Executive News Premium Subscribers.

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Also in this article (at Wine Executive News):

  • Wine-Loving, Technology Wunderkind

  • Firmest Debt Estimate Requires mid-to-high 8-figure purchase price

  • Plus $2 million in employee claims

  • Litigation Insurance Claims In Doubt; Federal Court Found Sullivan Vineyards Lied On Application

  • Winery & Vineyard = A Small Portion Of  The Price Offered

Full Court Filings from previous issues(Premium subscriber access)

Live links to status hearing audio file and full court documents are available for Wine Executive News Premium Subscribers

  • Oct. 23 status hearing audio file (MP3)
  • Trustee Status Conference Statement
  • SVC-Monthly Operating Report - Month Ended 083117
  • SVP-Monthly Operating Report - Month Ended 083117
  • Fourth Chapter 11 reorganization Plan
  • Fourth Chapter 11 Disclosure Statement

Previous Wine Industry Insight Coverage

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Lewis Perdue
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Email: lewis.perdue@wineindustryinsight.com