Stevenot Winery, Golden Eagle Estates Bankruptcy Update

After weeks of wrangling over the appointment of a U.S. Trustee [$VIP]to oversee the winery’s operations, a hearing has been scheduled for 1 p.m., June 24 in Sacramento Bankruptcy Court.

Among notable new filings:

• Stevenot filed a disclosure statement for its reorganization plan [$VIP].
• The creditor’s committee has filed an objection to the plan [$VIP].

The court filings also produced an unexpected bit of wry humor.

PREVIOUS WINE INDUSTRY INSIGHT COVERAGE

• Stevenot: Trustee Fight Heats Up, Mismanagement, “Bogus” Tax Returns Charged
• U.S. Trustee Charges Stevenot/Golden Eagle With “Gross Mismanagement” In Bankruptcy, Alleges Multiple Misdeeds
• Stevenot Deedholder Urges Foreclosure; 2008 Owner Draws = $841,000
• Stevenot Winery Chapt 11 Hearing & Creditors’ Meeting Set
• UPDATE: Stevenot Owes $5.75 Million To Deed Holder
• Stevenot Files Ch. 11 For Second Time