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New & Improved Daily News Fetch Coming Monday, April 3, 2023

New & Improved Daily News Fetch Coming Monday, April 3, 2023   We’ve been busy working on a new look and feel for the Daily News Fetch that will go live on Monday, April 3, 2023. Here are the highlights of what we’ve improved:   • Much easier to read – new typography and more […]

SVB Assets Acquired by NC Bank. Wine Division Likely In The Deal.

First Citizens Bank & Trust Company, Raleigh, NC, has entered into a purchase and assumption agreement  with the FDIC for all deposits and loans of Silicon Valley Bridge Bank, National Association, according to an official FDIC news release. The transaction, announced very early on March 27, included the purchase of about $72 billion of Silicon […]

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Was The FDIC Statement On SVB Too Vague To Stop Contagion? First Republic Stock Cratered Today

UPDATE, March 13, 11:45 a.m. — The Joint Statement by Treasury, Federal Reserve, and FDIC may be having a positive effect. While regional bank stocks have been tanking, large banks are not suffering so much at this time as are major stock indices. We’re close to the close, so we will revisit. Trading in shares […]

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Angelo Sangiacomo, Legendary Sonoma Winegrower, Has Died

News Release Mar 1, 2023   Angelo Clement Sangiacomo, a pioneering winegrower who helped revolutionize California grapegrowing and a founding partner of Sangiacomo Family Vineyards, a third generation family business in Sonoma, Calif., has died on Monday, February 27, 2023. He passed away peacefully at his home at the age of 92 years old.   […]

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After More Than 7 Years, Calif. Pesticide Regulators Act Against Lodi Aerial Applicator Company

Seven+ years ago,On July 3, 2014, Wine Industry Insight broke the story of a major pesticide incident in the Delta: Major Pesticide Drift Threatens Lodi-Area Vineyards.   <– (Click image to enlarge)   Afterward, WII continued to follow the story despite the reluctance and refusal of the parties involved to answer Questions: Lodi Herbicide Drift […]

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Beckstoffer Vineyards (“To Kalon Illuminati?”) Sues Last Bottle for To Kalon-Related Trademark Infringement

PRESS RELEASE – February 14, 2023 Full Filing at this link.. (Rutherford, Calif.) Beckstoffer Vineyards has filed a lawsuit in the Northern District Federal Court in San Francisco against Last Bottle and its affiliated company Sleeper Cellars for trademark infringement. The Complaint, filed on February 11, 2023, alleges that Blicker Pierce Wagner Wine Merchants, LLC […]

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Wine Institute Receives Less from FY 2023 U.S. Market Assistance Program. Northwest Wine Gets A Bit More

 This is the redacted version of a premium article for Wine Executive News Premium Subscribers. Some links and text portions may not be available in this version. CCBill subscribers, click here. Stripe subscribers, click here. Click here to Subscribe to Wine Executive News The California’s Wine Institute (WI) allocation from the USDA’s Market Assistance program […]

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Bankruptcy Judge Rejects Creditor Objections, Approves Winc Sale To Stalking Horse

 This is the redacted version of a premium article for Wine Executive News Premium Subscribers. Some links and text portions may not be available in this version. CCBill subscribers, click here. Stripe subscribers, click here. Click here to Subscribe to Wine Executive News ARTICLE IN PROGRESS Despite strong objections from Winc’s UnSecured Creditor’s committee, a […]

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Winc Files Holiday Onslaught of Bankruptcy Documents; Unsecured Creditors Fire Back On New Year’s Eve

This is the redacted version of a premium article for Wine Executive News Premium Subscribers. Some links and text portions may not be available in this version. CCBill subscribers, click here. Stripe subscribers, click here. Click here to Subscribe to Wine Executive News   Winc’s attorneys filed a 10-document onslaught in the middle of the […]

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Winc Lawyers File Last Minute Blizzard Of Bankruptcy Court Documents. Deadlines Moved. Other Changes Seem Minor

  Bankruptcy attorneys for Winc, Inc. filed 10 lengthy court documents late yesterday (Dec. 22) apparently in response to objections raised by the Committee of Unsecured Creditors.   For more details on those objections, see: Deadline Looms For Bids To Buy Winc Assets. Creditor Group Objects, Wants Postponement, Rules Changes.   A substantial number of […]

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