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 home at 2429 Pacific Ave., San Francisco

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Also In This Article:

• REORGANIZATION PLAN OPPOSED BY SENIOR LENDER

• CALISTOGA VINEYARDS ARE REORGANIZATION CENTERPIECE

• 10-BEDROOM, 8.5-BATH PACIFIC HEIGHTS HOUSE ON MARKET

• TWO VINEYARD APPRAISALS FILED WITH THE BANKRUPTCY COURT

Available to VIP Premium Subscribers:

• Vineyard Appraisal, 4351 St. Helena Highway, Calistoga, Part 1
• Vineyard Appraisal, 4351 St. Helena Highway, Calistoga, Part 2
• Vineyard Appraisal, 4500 St. Helena Highway, Calistoga, Part 1
• Vineyard Appraisal, 4500 St. Helena Highway, Calistoga, Part 2

PREVIOUS WINE INDUSTRY INSIGHT COVERAGE

• Diamond Oaks Vineyard Transfer Not Fraud Judge Rules
• Harlan Purchase of Diamond Oaks Winery Could be Undone By Court
• Bankruptcy Update – Diamond Oaks, Renwood, Stevenot
• Lender Charges Diamond Oaks Ch11 Is Fraudulent
• Diamond Oaks Vineyards Plus Two More Maniar Firms File Chapt. 11

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