Santa Rosa-Based American AgCredit To Merge With Kansas Farm Bank

June 29, 2009

Santa Rosa, Calif.-based American AgCredit is acquiring Farm Credit of the Heartland based in Wichita, Kansas, in a merger process scheduled for completion by Dec. 1. According to both banks’ quarterly reports for the period ended March 31, 2009, American AgCredit had average assets of approximately $3.9 billion and Heartland, $988 million. The merged bank […]

Trustee Appointed in Copperford/Olde Lockeford Winery Bankruptcy

June 23, 2009

Judge Michael S. McManus of the U.S. Bankruptcy Court for the Eastern District of California has appointed Frederick P. Vaske, CPA, to be the United States Trustee to oversee the management of the Copperford LLC Chapter 11. Vaske is also the owner/operator of Vaske Family Estates in Clarksburg which farms both vineyards and row crops. […]

Conti Progressing Under Trustee Management

June 19, 2009

Conti Estate/Charles B. Mitchell Winery operations have made a “staggering improvement” since Michael and Michelle Conti were locked out of their bankrupt business on May 4, according to court documents filed in U.S. Bankruptcy Court for the Eastern District of California. TRUSTEE ISSUES OPTIMISTIC STATUS REPORT According to the first status report filed by Robert […]

Imports, led by Argentina Coming On Strong, But California Still Dominates

June 9, 2009

Argentine wines chalked up a 55.3 percent gain for the four-week period ending April 19, over the same period last year, according to Wine Industry Insight’s analysis of data from Information Resources Inc. VIP Subscribers click here to download Excel spreadsheet. But, while Argentina saw tremendous gains, the dollar sales for the period amounted to […]