ARTICLE IN PROGRESS Despite strong objections from Winc’s UnSecured Creditor’s committee, a judge for the Delaware Bankruptcy Court ruled January 18, that the insolvent subscription wine company is free to sell all its assets free and clear to Project Crush Acquisition Corp LLC (Delaware), a newly created LLC corporation run by created by Mark Lynn […]
Winc Files Holiday Onslaught of Bankruptcy Documents; Unsecured Creditors Fire Back On New Year’s Eve
January 3, 2023
Winc’s attorneys filed a 10-document onslaught in the middle of the Christmas/New Year’s holiday week seeking immediate approval from the bankruptcy judge for a wide-ranging set of financial moves and transfers. The court’s Official Committee of Unsecured Creditors (the Committee) fired back on New Year’s Eve with a pointed response that fell just slightly short […]