This article now undergoing copyediting The CEO in charge of the post-Chapter 7 bankruptcy owner of Rabbit Ridge Wine Sales (RRWS) has until June 20 to respond to a contempt of court action related to a long laundry list of financial and managerial violations alleged by U.S. Trustee Richard Marshack. The deadline is the fourth […]
Continue readingSouthern Glazer’s Hit With Wine Consultant Class Action Employment Lawsuit
May 16, 2022
A federal employment lawsuit that seeks class action status was filed May 5, 2022 against Southern Glazer’s Wine and Spirits. The lawsuit against the distributor’s primary LLC and its Texas operation was filed in Federal District Court for the Western District of Texas, Austin Division. The lead plaintiff in the case, Southern Glazer’s employee Savannah […]
Continue readingRDNC/Southern Wine Distro Market Share 50% Or More In 18 States
April 4, 2022
More tables, charts and details at the source:Page 51 of the 88-page complaint filed April 29, 2022 in U.S. District Court for the Northern District Of Illinois, Eastern Division
Continue readingRiboli Family Wines Completes Bankruptcy Purchase Sale of Former Rabbit Ridge Winery & Vineyard
March 16, 2022
Previous Wine Industry Insight Articles on Rabbit Ridge Farm Credit, Bankruptcy Trustee Working Out Final Details of Rabbit Ridge Winery Final Sale Rabbit Ridge’s New Owner — Fluid Wine Fund I — Poised For Future Built On Tangled Bankruptcy Assets Rabbit Ridge Winery Properties Set for Over-Bid Auction Riboli drilling test water wells for possible […]
Continue readingKylix/Harvard Land Purchase from Wine Group May Have Set Santa Barbara County Record
February 28, 2022
The recent sale of vineyard land adjacent to the Santa Ynez airport may have set a price record in Santa Barbara County. The January sale of a 1,227-acre plot with about 800 vineyard-planted acres was sold by The Wine Group to Kylix Vineyards California LP, an entity affiliated with Grapevine Capital Partners, and the Harvard […]
Continue readingFarm Credit, Bankruptcy Trustee Working Out Final Details of Rabbit Ridge Winery Final Sale
February 1, 2022
Farm Credit West and the bankruptcy trustee in charge of the former Rabbit Ridge property have entered the final financial stages prior to the scheduled over-bid auction now scheduled for Feb. 15. The property was once owned by Rabbit Ridge Wine Sales owner and winemaker Erich Russell who lost the property after two bankruptcy filings. […]
Continue readingRabbit Ridge’s New Owner — Fluid Wine Fund I, LLC — Poised For Future Built On Tangled Bankruptcy Assets
December 21, 2021
Rabbit Ridge Winery’s survival depends on an extensive web of creative legal and corporate moves that have, so far, out-maneuvered its creditors and the bankruptcy system by transferring assets to what it believes constitute safe havens. The moves involve four bankruptcies, three key players, multiple new business entities (two in use before becoming legal entities), […]
Continue readingBillion-dollar Stag’s Leap Wine Cellars Sale May Be A Tactic To Bid Bid The Property Up From a Up A Much Lower Valuation
November 14, 2021
Bloomberg reported on Nov. 11 that Sycamore Partners was “Weighing $1 Billion Sale of Stag’s Leap Wine.” The Bloomberg article stated that, “Sycamore Partners is considering selling Stag’s Leap Wine Cellars for about $1 billion just one month after acquiring the label from Altria Group Inc., according to people with knowledge of the matter.” They […]
Continue readingRiboli drilling test water wells for possible Rabbit Ridge Winery Purchase
October 19, 2021
Full text, Riboli Declaration (premium subscriber link) Riboli Paso Robles, LLC., has expressed interest in buying the Rabbit Ridge Winery and its vineyards. The LLC, an entity formed by the owners of San Antonio Winery, Inc. for the purchase of real estate properties, is currently drilling test wells to see if they would move forward. […]
Continue readingStep-by-step: The alleged Reimers/Torick/Langtry conspiracy as charged in court papers
October 4, 2021
Previous court filings reported by Wine Industry Insight (links below) contained relatively non-specific and often incomplete details about the case. June 24, 2021: Were smoke-impacted grapes & wine laundered? Lake County Court Battle Highlights Taint Ambiguities & Winery-Grower Tension June 18 2021: Grape insurance fraud allegations, smoke taint damages to oak tanks, and the perils […]
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