Riboli Family Wines Completes Bankruptcy Purchase Sale of Former Rabbit Ridge Winery & Vineyard

March 16, 2022

Previous Wine Industry Insight Articles on Rabbit Ridge Farm Credit, Bankruptcy Trustee Working Out Final Details of Rabbit Ridge Winery Final Sale Rabbit Ridge’s New Owner — Fluid Wine Fund I — Poised For Future Built On Tangled Bankruptcy Assets Rabbit Ridge Winery Properties Set for Over-Bid Auction Riboli drilling test water wells for possible […]

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Kylix/Harvard Land Purchase from Wine Group May Have Set Santa Barbara County Record

February 28, 2022

The recent sale of vineyard land adjacent to the Santa Ynez airport may have set a price record in Santa Barbara County. The January sale of a 1,227-acre plot with about 800 vineyard-planted acres was sold by The Wine Group to Kylix Vineyards California LP, an entity affiliated with Grapevine Capital Partners, and the Harvard […]

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Farm Credit, Bankruptcy Trustee Working Out Final Details of Rabbit Ridge Winery Final Sale

February 1, 2022

Farm Credit West and the bankruptcy trustee in charge of the former Rabbit Ridge property have entered the final financial stages prior to the scheduled over-bid auction now scheduled for Feb. 15. The property was once owned by Rabbit Ridge Wine Sales owner and winemaker Erich Russell who lost the property after two bankruptcy filings. […]

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Rabbit Ridge’s New Owner — Fluid Wine Fund I, LLC — Poised For Future Built On Tangled Bankruptcy Assets

December 21, 2021

Rabbit Ridge Winery’s survival depends on an extensive web of creative legal and corporate moves that have, so far, out-maneuvered its creditors and the bankruptcy system by transferring assets to what it believes constitute safe havens. The moves involve four bankruptcies, three key players,  multiple new business entities (two in use before becoming legal entities), […]

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Billion-dollar Stag’s Leap Wine Cellars Sale May Be A Tactic To Bid Bid The Property Up From a Up A Much Lower Valuation

November 14, 2021

Bloomberg reported on Nov. 11 that Sycamore Partners was “Weighing $1 Billion Sale of Stag’s Leap Wine.” The Bloomberg article stated that, “Sycamore Partners is considering selling Stag’s Leap Wine Cellars for about $1 billion just one month after acquiring the label from Altria Group Inc., according to people with knowledge of the matter.” They […]

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Riboli drilling test water wells for possible Rabbit Ridge Winery Purchase

October 19, 2021

Full text, Riboli Declaration (premium subscriber link) Riboli Paso Robles, LLC.,  has expressed interest in buying the Rabbit Ridge Winery and its vineyards. The LLC, an entity formed by the owners of San Antonio Winery, Inc. for the purchase of real estate properties, is currently drilling test wells to see if they would move forward. […]

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Step-by-step: The alleged Reimers/Torick/Langtry conspiracy as charged in court papers

October 4, 2021

Previous court filings reported by Wine Industry Insight (links below) contained relatively non-specific and often incomplete details about the case. June 24, 2021: Were smoke-impacted grapes & wine laundered? Lake County Court Battle Highlights Taint Ambiguities & Winery-Grower Tension June 18 2021: Grape insurance fraud allegations, smoke taint damages to oak tanks, and the perils […]

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Simultaneously evicted and not. Is Rabbit Ridge the Schrödinger’s Cat of Wineries?

August 25, 2021

Rabbit Ridge Winery, aka Rabbit Ridge Wine Sales, aka Rabbit Ridge Vineyards as well as its owners seem to be simultaneously alive and dead according to whomever has opened the lid to the Schrödinger box. Sale delayed by current confusion. Significantly, the Schrödinger’s Cat-like confusion has delayed a sale of the property formerly used by the […]

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Rabbit Ridge Winery Bankruptcy Trustee Hires Farm Operator for 2021 Harvest; Most Grapes Still Unsold

August 17, 2021

Less than a quarter of Rabbit Ridge Winery’s 253 tons of Paso Robles wine grapes have been committed to buyers according to a 70-page, Aug. 9 court filing by court-appointed bankruptcy trustee Richard A. Marshack who is charged with overseeing the winery’s Chapter 7 asset liquidations. Table of available grapes, yield estimates and price/ton Farm […]

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