While the giddy announcement last week that U.S. wine exports have increased is good news for American vintners, a closer look at the data merits a more cautionary outlook. When the numbers are taken in context, imports are still outpacing exports with the result that 2011 showed the third worst trade imbalance in the past […]
Bank Charges Barrel Stop “Incompetently Managed,” Urges Trustee & Asset Sales
February 15, 2012
Mechanics Bank, which holds more than $3.6 million of first-priority promissory notes for the bankrupt Barrel Stop/Dominari Winery, has charged that: The debtor is incompetently managed, The only viable alternative is a sale of the company’s assets and, A trustee must be appointed because the current owners have a conflict of interest. No response has […]
Jackson Family Wines Sues Diageo Over La Crema Trademark
February 2, 2012
Jackson Family Wines (JFW) has sued Diageo in federal court alleging infringement of the La Crema trademark. The lawsuit was filed on behalf of LC TM Holdings (which owns the La Crema trademark) against Diageo North America and Diageo Chateau and Estates Wines. The action was brought in U.S. District Court for the Northern District […]