← Return to Archives - Subscribe to FREE NewsFetch Email Newsletter
From: lewis.perdue@wineindustryinsight.com

Subject: NEWS ALERT - Cosentino Winery In Foreclosure, Owes Almost $20Mln -WINE INDUSTRY INSIGHT

Date: 2010-10-05 22:05:11

To: Emailing List Subscriber
Please use CMD+F (Mac) or CRTL+ F(Windows) to find your specific search term within this issue of NewsFetch. This "double search" is due to our links sourcing from websites not within WineIndustryInsight.

NEWS ALERT

Cosentino Winery In Foreclosure, Owes Almost $20Mln, Liquidation May Be In Works

October 6, 2010

To UNSUBSCRIBE to every Wine Industry Insight news mail , Click [UNSUBSCRIBE]

To SUBSCRIBE to DAILY NEWS FETCH, click this link.
To CHANGE YOUR EMAIL please click this link
Access the complete NEWS FETCH archive, click here.


SPONSORED BYWinerySite.Com - wine industry classifieds


Cosentino Winery In Foreclosure, Owes Almost $20Mln, Liquidation May Be In Works

Cosentino Winery is in foreclosure. And unless a buyer such as Bill Foley -- who has said he wants a high-profile Route 29 addition for his collection -- steps forward, winery assets may soon go into liquidation.

cosentinocorpstructure

Multiple, independently corroborating sources have told Wine Industry Insight that the winery's largest creditors have struck a deal with current winery management to allow them to liquidate the assets which include the winery real estate and wine-making equipment.

(Continued below)

Sponsored by:
Hinman &
Carmichael,Alcoholic Beverage Law
VIP Subscribers click here to read the complete, 741-word article.

Also In This Article:

The full text of the following sections is available to VIP Premium Subscribers.
  • CHAIRMAN COMPLAINS ABOUT ARTICLE, OFFERS NEITHER DETAILS NOR DENIAL
  • $12.5 MLN DEBT DEFAULT PROMPTS FILING OF FORECLOSURE PAPERS
  • ALMOST $20 MILLION OUTSTANDING IN LIENS & JUDGMENTS
  • CREDITORS GET MANAGEMENT AGREEMENT TO LIQUIDATE
  • PREVIOUS WINE INDUSTRY INSIGHT COVERAGE OF COSENTINO WINERY

Not a VIP subscriber yet?

Subscribe now, and get the rest of this 741-word original article along with everything else on the site every day, for just $9.99 per month or $115.88 per year. Click here for more details.
================= CONTACT DATA ====================
Lewis Perdue
670 W. Napa St., Suite H, Sonoma, CA 95476
Phone: 707-326-4503, fax: 707-940-4146
Email: lewis.perdue@wineindustryinsight.com