Barrel Stop: Frustrated Trustee Punts, Winery Gets 90 Days To Sell Or Be Foreclosed

A frustrated U.S. Bankruptcy Trustee has washed her hands of the Barrel Stop Chapter 11, leaving the winery less than 90 days to find a buyer or be foreclosed upon by its senior secured lender, Mechanics Bank.

As previously reported by Wine Industry Insight,  Alan Jaroslovsky, U.S. Bankruptcy Court Judge for the Eastern District of California, approved Linda S. Green as the Trustee on April 30 when hearings determined that Barrel Stop Winery management was not capable of managing its own operations.

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• STIPULATION TO SHUT DOWN APPROVED
• TRUSTEE’S LONG LIST OF REASONS TO PUNT
• “WING AND A PRAYER” – TRUSTEE FRUSTRATION SHOWS IN COURT
• 90 DAYS, $100K

PREVIOUS WINE INDUSTRY INSIGHT COVERAGE OF BARREL STOP WINERY

• Round-Up: Barrel Stop, Blackstone, American Wine Distr., WineGavel
• Elder Abuse, Sex Offender Amp Up The Bizarre in Barrel Stop Bankruptcy
• Bankruptcy Trustee Appointed For Barrel Stop Winery, Bank Opposes Sale
• Barrel Stop Gets Offer, Buyer Background Raises Viability Doubts
• Napa County Wants Barrel Stop Shut Down, Addamo Ch 11 Approved
• Barrel Stop Proposes To Sell Winery, Says Expects Imminent Offer
• Bank Charges Barrel Stop “Incompetently Managed,” Urges Trustee & Asset Sales
• Foreclosure Sale Date Set for Napa’s Barrel Stop/Dominari
• Barrel Stop/Dominari Files Chapter 11 Bankruptcy
• Barrel Stop Faces January Deadline For Ch11 Plan Approval

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