Wineries and Distributors Dodge Copia’s Big Bankruptcy Bullet

December 9, 2008

At least 41 wineries and wine distributors — mostly from Napa Valley — are among the 374 unsecured creditors listed by Copia in its Dec. 1, Chapter 11 filing with the U.S. Bankruptcy Court in Santa Rosa, CA. According to Copia’s filings, all the unsecured creditors combined are owed approximately $1.3 million. A list of […]

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Copia’s $125-Million Crash

December 8, 2008

Copyright 2008, Lewis Perdue and Wine Industry InsightTemporary home: http://wineindustryinsight.blogspot.com [Please note: this is a summary and the first of a series on the Copia bankruptcy.] The late Robert Mondavi’s dream of establishing a wine and food legacy in a depressed section of Napa, California, has turned into a $125 million financial debacle that could […]

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