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Home » Archives by category » Featured Articles (Page 85)

Drink Wine, Live Longer:Dutch Study

April 30 (Bloomberg) — Half a glass of wine a day may add five years to your life, a new study suggests. Drink beer, and you’ll live only 2 1/2 years longer. Dutch researchers followed 1,373 men for more than four decades, noting their eating and drinking habits. Men who had about 20 grams of […]

April 30, 2009 | Filed under Featured Articles | Read More

THE VALUE OF ZERO: Expanding the Market Beyond Wine’s Super Core

In the world of Sherlock Holmes, the biggest clue of all can be the dog that didn’t bark. Indeed, the missing clue to greater sales just might be asking the right question about what isn’t happening. Take the Wine Market Council’s latest offering: “Snapshot Report: Super Core Wine Drinkers.” This peek at the group’s consumer […]

April 27, 2009 | Filed under Featured Articles | Read More

Group of locals enters Copia fray

The Napa Valley Register has reported that a group of Napa Valley residents has joined forces to explore ways to preserve Copia’s building and grounds for local and visitor use. The Coalition to Preserve Copia hopes to develop a re-use and financial plan allowing Copia re-open in a new form, one that is both financially […]

April 27, 2009 | Filed under Featured Articles | Read More

Gallo Gets “Good Deal” On Illegal Russian River Water Diversion

For more than three years, the E. & J. Gallo Winery has illegally diverted Russian River water and improperly stored it according to an Administrative Civil Liability Complaint filed by the California Water Resources Control Board (WRCB) on April 20. FINE IS “A DAMN GOOD DEAL FOR THE GALLOS” The fine “is a damn good deal […]

April 23, 2009 | Filed under Featured Articles | Read More

Stevenot: Trustee Fight Heats Up, Mismanagement, “Bogus” Tax Returns Charged

Bankruptcy Trustee supporters — including attorneys for the U.S. Department of Justice (DoJ) — will square off in court April 27 with Stevenot Winery and its supporters who have opposed the trustee appointment with increasingly heated language. DOJ DISHES OUT ACCUSATIONS OF INCOMPETENCE AND MISMANAGEMENT NO ONE KNOWS WHAT HAPPENED TO ALMOST $9 MILLION “BOGUS” […]

April 23, 2009 | Filed under Featured Articles | Read More

Conti Bankruptcy: Key Hearing April 27 On Use of Bank & Grower Cash Collateral

Robert Luciano, the Chapter 11 Trustee appointed by the Court in the Conti Estate/Charles B. Mitchell bankruptcy needs $20,000 in cash for payment of operating expenses for the winery through the first week in May. After that, he will need another $32,000 per month ongoing. In his bankruptcy court filing , Luciano said the money […]

April 23, 2009 | Filed under Featured Articles | Read More

Gallo Cuts Off Distributor, Sues To Make Sure They Stay Cut off

This article and the original legal filings are available to subscribers only. VIP Subscribers click here to read the rest of the article. Subscribe now, get this article and everything else on the site every day, including the Data Cellar for just $9.99 per month or $115.88 per year. Click here for more details.

April 22, 2009 | Filed under Featured Articles | Read More

Cosentino Scrambles For Shelter To Stay Ahead Of Lawsuits

Lawsuits in San Joaquin County have forced Cosentino Signature Wines PLC’s (MCOZ.L) to scramble for new venues where it can continue winemaking and tasting room operations. Multiple sources have confirmed that, after Cosentino hurriedly vacated its Lodi-area wineries, it placed its wine from there — and possibly some equipment — at other area wineries which […]

April 17, 2009 | Filed under Featured Articles | Read More

Sale/Leaseback Owners Shopping Cosentino’s Lodi, Pope Valley Wineries and Vineyards

Entertainment Properties Trust (NYSE: EPR), is looking for buyers for Cosentino Winery’s Lodi and Pope Valley wineries and vineyards. The Kansas City sale/leaseback financier, which has played pivotal roles in a number of major fine-wine transactions (among them Ascentia, in Sonoma County and EOS Estate in Paso Robles)  was shocked when Napa Valley’s Cosentino Winery […]

April 15, 2009 | Filed under Featured Articles | Read More

Cosentino’s Financial & Legal Woes Gathering Momentum

The recent announcements from Cosentino Winery that it had abandoned most of its vineyards and wineries and defaulted on the interest payments due on $18 million in debt may be just a prelude to a gathering storm of lawsuits and financial crises. Wine Industry Insight’s examination of public records, court documents and securities filings show […]

April 15, 2009 | Filed under Featured Articles | Read More