Vintrust Closing Collectors’ Services To Focus On Winery Fulfillment

Vintrust will close its collector cellarage and data operations permanently at the end of October and has recommended that its clients join a program that Vinfolio has created for them, according to a September 15 email to its clients.

VinTrust’s collector services included physical cellaring of wines, a database system to track wines whether in the Vintrust or other cellars, and a sommelier system for advice.

VIP Subscribers click here to read the complete, un-redacted article.

Also In This Article:

The full text of the following sections is available to VIP Premium Subscribers).

• VINTRUST CEO SAYS MOVE WILL WITH HELP IT FOCUS ON WINERY SERVICES

• WINERY SERVICES EXPANDING IN NEW LOCATION

• EMAIL LETTER SPELLS OUT TRANSITION

• FREE TRANSPORTATION

• VINTRUST REFUSING WINES AS OF SEPT. 15

• FULL TEXT OF VINTRUST EMAIL TO COLLECTOR CLIENTS
  

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Copperford/Olde Lockford Winery Heads Toward The End

A Notice of Trustee’s Sale, filed with San Joaquin County, has set an auction sale for Copperford LLC’s real estate — including the Olde Lockeford Winery — at 12470 Locke Rd., Lockeford.

The sale, on behalf of lienholder J. W. Scott, is scheduled for 11 a.m., Sept. 24 at the San Joaquin County Courthouse. The amount owed to Scott, according to the notice, is estimated to be at least $1.6 million

Foreclosure threats by Scott forced Copperford LLC into bankruptcy on Nov. 4, 2008.

VIP Subscribers click here to read the complete, un-redacted article.

Also In This Article:

The full text of the following sections is available to VIP Premium Subscribers).

• SCOTT FORECLOSURE SALE: CART BEFORE HORSE?

• DEFUNCT WINERY CONVERTED TO SHOPS & MICRO-WINERY OPERATIONS

• FINANCIAL PROBLEMS APPEARED EARLY ON

• ENVIRONMENTAL CONTAMINATION COULD COMPLICATE SALE

• IMPROPER CARE MEANS CUSTOM-CRUSHED WINE MAY BE VINEGAR

• ILLEGAL LEVELS OF VOLATILE ACIDITY

• SPOILED WINE MEANS WORTHLESS COLLATERAL FOR GROWERS AND CLIENTS

• KEY COURT FILINGS AVAILABLE IN DATA CELLAR

Key court documents are available to VIP Premium subscribers in the Data Cellar. Those documents (listed below) include, among other data:

• List of secured creditors
• List of Unsecured Creditors
• Liens and court cases
• Transcripts of examination proceedings
• Assets & Liabilities

COPPERFORD/OLDE LOCKEFORD DOCUMENTS IN THE DATA CELLAR:

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