Mark Gendron, who founded Templeton Gap winery JanKris Vineyards in 1990 then lost it to bankruptcy in 2005, has filed for personal bankruptcy in U.S. Bankruptcy Court for the Eastern District of California. JanKris was purchased out of bankruptcy in 2008 by entrepreneur and turn-around specialist Mathew Talbert whose company, Veris Cellars, also owns the […]
Final New Vine Liquidation: $Zip For All Creditors Except For Taxes, Trustee and 1 Former Exec
January 25, 2011
Tax authorities, the Federal Bankruptcy Trustee and one former New Vine exec will be the only recipients of cash from the well-picked bones of the direct shipping company taken over by Inertia Beverage Group in a no-bid auction in July 2009. Bankruptcy Trustee Jeffry Locke’s final report on the New Vine Chapter 7 liquidation recommends […]
Cosentino Winery Update – License & 840+ Affected Parties
January 19, 2011
LICENSE TRANSFER Bankruptcy Judge Alan Jaroslovsky (Eastern District of California) approved on Jan. 14, the sale of Cosentino Winery’s California liquor license (#396215 ) to Vintage Wine Estates for $10,000. The transfer to VWE had not been recorded by the California ABC as of the writing of this article. Click here to check current status. […]