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When is losing a vote a positive thing? When you’re part of E&J Gallo’s vast Sonoma County operation. The Russian River Valley Winegrowers voted 71-to-18 Tuesday to oppose Gallo’s proposal to extend the Russian River Valley Appellation [map of entire AVA] to include their 350-acre block along the 101 freeway in Cotati. But a Gallo […]
Table grapes aren’t Cabernet and Delano isn’t Napa Valley, but the $1.68 million lesson learned by the “Kovacevich 5” farming partnership in Tulare County should not go unheeded by growers of any sort, anywhere. In the fall of 2002, Erica Hernandez went with a group of friend and applied for a job with Delano, California-based […]
A member of the Copia Board of directors told Wine Industry Insight this afternoon that Judge Alan Jaroslovsky has denied Copia’s request for “super priority” status. “This could be the end of things,” the board member said.”Without the debtor-in-possession financing, there isn’t a lot we can do but rearrange deck chairs. I fear that Copia […]
At least 41 wineries and wine distributors — mostly from Napa Valley — are among the 374 unsecured creditors listed by Copia in its Dec. 1, Chapter 11 filing with the U.S. Bankruptcy Court in Santa Rosa, CA. According to Copia’s filings, all the unsecured creditors combined are owed approximately $1.3 million. A list of […]
Copyright 2008, Lewis Perdue and Wine Industry InsightTemporary home: http://wineindustryinsight.blogspot.com [Please note: this is a summary and the first of a series on the Copia bankruptcy.] The late Robert Mondavi’s dream of establishing a wine and food legacy in a depressed section of Napa, California, has turned into a $125 million financial debacle that could […]