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Home » Archives by category » Featured Articles (Page 66)

Cosentino Winery – Lender & Exclusive Investor To Negotiate Private Sale

Physicians Reciprocal Insurers (PRI) — Cosentino Winery’s senior secured creditor — now owns the winery after it received no bids at the trustee sale this morning at the Napa Courthouse. No one was willing to meet PRI’s minimum bid of $10.55 million. PRI was owed approximately $12.5 million secured by the winery real estate in […]

December 29, 2010 | Filed under Featured Articles | Read More

NIELSEN: Most Off-Premise Price Segments Gain, But Per-Bottle Prices Drop

After two months of struggling, wines selling for more than $20 have regained the top spot for dollar volume increases in off-premise sales, according to scanner data from The Nielsen Company for the four-week period ending Nov. 13, 2010. Overall sales were also up from the past period — 5.3 percent — with U.S. wines […]

December 22, 2010 | Filed under Featured Articles | Read More

Maniar To Sell SF Home To Help Fund Diamond Oaks ReOrg Plan

Dinesh Maniar, whose wine and race-horse empire went into Chapter 11 last fall, has agreed to sell his San Francisco home in order to provide $1.8 million in funding for the Diamond Oaks Vineyards (DOV) reorganization plan. Court documents indicate that the money is a sweetener to convince secured creditors to approve the plan. Maniar […]

December 14, 2010 | Filed under Featured Articles | Read More

Gallo Lawyers Strike Tiny Paso Winery

“What’s the word?” “Thunderbird.” “What’s the price?” “Three bits twice.” E. & J. Gallo no longer runs that advertising jingle for Thunderbird, a throat-cauterizing brew which — along with EJG’s Night Train — is popular among dumpster divers. Regardless, that doesn’t mean their lawyers won’t strike like lightning at anybody who dares use the word […]

December 10, 2010 | Filed under Featured Articles | Read More

Market Enforcement Branch Acts Against 7 Wineries

Market Enforcement Branch Actions Administrative Actions Against License To Purchase Wine Grapes Kaleidos, Paso Robles, License Denied, (Effective 10-8-10) La Czar Vineyard LLC, Forestville, 6-month Probation, (Effective 10-8-10) Camellia Cellars LLC, Healdsburg 6-month Probation (Effective 10-8-10) New Complaints against Handlers and Processors The California Department of Food and Agriculture’s Market Enforcement Branch received verified complaints […]

December 8, 2010 | Filed under Featured Articles | Read More

Calif Appeals Court Finds For W.J. Deutsch In $5.6 Million Renwood Winery Litigation

A California appeals Court has denied Renwood Winery’s bid to invalidate an arbitrator’s decision against it in a $5.6 million contract dispute with W.J. Deutsch (WJD). See WII’s earlier article: W.J. Deutsch-Renwood Legal War Worthy Of A Grisham Novel for more details on the legal fight behind this controversy. VIP Subscribers click here to read […]

December 8, 2010 | Filed under Featured Articles | Read More

Cosentino Winery Sale Set, Management AWOL

Physicians Reciprocal Insurers (PRI) will sell Cosentino Winery to the highest bidder at 1:30 p.m. Dec. 29 at Brown’s Court in Napa. Despite numerous rumors circulating, no sale has been made and no bids are legal until the formal process is complete. As is to be expected, the process has attracted the interest of the […]

December 2, 2010 | Filed under Featured Articles | Read More

WIInsights #1 – 11/23/10 – Wall Street Journal Wrong on Holiday Discounts?…HR5034: Passage More Likely…Treasury Wine Leases…More

EDITOR’S NOTE: Wine Industry Insight gets a constant flow of information that have sometimes fallen by the wayside for lack of time or because they don’t always merit a full-blown feature article. That’s why I launched WIInsights, a new service primarily for VIP Premium Subscribers. Why premium? Why do you charge money for your wine, […]

November 23, 2010 | Filed under Featured Articles | Read More

Consumers Retrenching? $20 Wines Continue to Lose Steam in Off-Premise Sales, Chardonnay Losing Popularity?

Perhaps a sign of consumer retrenchment in the face of a recession with no signs of quick recovery, wines selling for more than $20 — which have led off-premise growth for most of 2010 — have continued to slide according to scanner data from The Nielsen Company for the four-week period ending Oct 16, 2010.Wines […]

November 18, 2010 | Filed under Featured Articles | Read More

Cosentino Winery, Eos Estates Updates

VIP Subscribers click here to read this update. COSENTINO WINERY TO FACE BANKRUPTCY JUDGE MONDAY, RESULT COULD ACCELERATE FORECLOSURE FOLEY TO BEGIN REMOVING EOS INVENTORY AS SOON AS TODAY Not a VIP subscriber yet? Subscribe now, and get this article along with everything else on the site every day, including original documents and source materials […]

November 12, 2010 | Filed under Featured Articles | Read More