Greenwich, CT residents Pam and Dick Niner, owners of Niner Wine Estates in Paso Robles, have bought the 112-acre Jespersen Ranch located just south of the San Luis Obispo city limits. They paid $2.5 million — less than half of the $5.3 million asking price. The winery had been listed since 2005. This makes the […]
CDFA Market Enforcement Branch Acts Against 11 Vintners, Including 2 Criminal Cases
October 21, 2011
The Market Enforcement Branch of the California Department of Food & Agriculture has acted against 11 vintners for licensing violations and grower payment improprieties. TWO NEW WINERIES PLACED ON PROBATION Vino Tabi Inc 334 Ingalls Street #C Santa Cruz, CA 95060 Vino Tabi Inc, in lieu of an Administrative Hearing, stipulated that its license be […]
Barrel Stop Faces January Deadline For Ch11 Plan Approval
October 19, 2011
Barrel Stop Winery of Napa (also dba Dominari Winery) must gain creditor approval for a Chapter 11 plan by January 15, 2012 or be converted to Chapter 7 liquidation according to an order by Judge Alan Jaroslovsky of the U.S. Bankruptcy Court for the Northern District of California. According to its Statement of Financial Affairs […]
Premier Pacific Vineyards Workers In Limbo Following CalPERS Termination
October 11, 2011
The CalPERS (California Public Employees Retirement System) decision to fire Premier Pacific Vineyards (PPV) as the manager of its poorly performing vineyard real estate portfolio has left PPV’s 130+ employees — from tractor drivers to executives — energetically networking, knocking on doors and handing out resumes — all of them fearing their jobs will be […]