Napa Valley vintner & drywall mogul forced into corner by bankruptcy court

April 27, 2017

Southern California drywall mogul Michael Ru Bello, who federal records allege looted his company to support a luxury lifestyle that included a Rolls Royce, thoroughbred race horses and a Napa Valley winery, may have been forced into a corner by a default on an $18 million payment settlement agreement. Bello is listed in bankruptcy documents […]

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Premium, Full-Sized Images: Women may not always be your best wine buyers. Data says things vary with age.

April 18, 2017

NOTE: This is the first of what we plan to be a weekly premium graphic offering using new data not previously provided by any other wine publication or research organization. The purpose is to offer you more data points for your important decisions. A long-held maxim in wine marketing is that women are your best […]

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Calif could be headed for needless woes in cannabis trademark legislation

April 3, 2017

The California Secretary of State’s (SOS’s) office is shortchanging legal cannabis businesses and their consumers by failing to register trademarks for the newly legalized industry, according to a long-time wine industry attorney, Jay Behmke, of Healdsburg. Including the word “cannabis” or “marijuana” in the state trademark application has, so far, been the kiss of death. […]

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Charles Banks may enter a plea deal today in his federal wire fraud case

March 20, 2017

Today (March 20) is the deadline for former Screaming Eagle owner Charles Banks to reach a plea deal to end his federal prosecution on two charges of wire fraud. Banks has been accused of being responsible for the loss of $20 million by now-retired NBA superstar Tim Duncan. If court documents are any indication, Federal […]

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Wine premiumization may not be all it’s cracked up to be

March 14, 2017

A close examination of Nielsen off-premise wine sales numbers shows that the current giddy exuberance over premiumization fails to pass the hard data test. Nielsen will not comment on how much of the market their data covers, but multiple data-savvy experts say they account for about 3/4 of all wine sold in the U.S. Premium […]

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New Money In Town: Largest US Farmland REIT Dips a Toe in Calif Specialty Crops (Including Vineyards)

February 21, 2017

Agricultural property REIT Farmland Partners Inc, (NYSE:FPI), has dipped a toe into the California market with its recent acquisition of American Farmland Company (formerly AMEX:AFCO). The stock-for-stock merger, which was announced in September 2016 finally closed on Feb. 2. The combined company is headquartered in Denver, Colorado. Following the merger, FPI becomes the largest public […]

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Gallo, Southern, Young’s Market & Bud among creditors left unpaid & queasy by Fresh & Easy’s flawed Chapter 11

February 10, 2017

This is one of Wine Industry Insight’s three-part series on the Fresh and Easy bankruptcy and its effects on wine and alcoholic beverage creditors. Two of the three articles contain material and links to court documents available only to premium subscribers. The three articles in the series are: Gallo, Southern, Young’s Market & Bud among […]

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Wine, Beer & Spirits Companies Targeted by Clawback Lawsuits Filed in Fresh & Easy Bankruptcy

This is one of Wine Industry Insight’s three-part series on the Fresh and Easy bankruptcy and its effects on wine and alcoholic beverage creditors. Two of the three articles contain material and links to court documents available only to premium subscribers. The three articles in the series are: Gallo, Southern, Young’s Market & Bud among […]

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Vintage Wine Estates wins court receiver’s bidding for Cameron Hughes Wine

January 9, 2017

NOTE: All hyperlinked court filings in this article are available in their entirety for Wine Executive News premium subscribers. Vintage Wine Estates (VWE) has emerged as the top bidder for the Clara Street Company — dba Cameron Hughes Wine (CHW) Company — according to documents filed with the San Francisco Superior Court. The court is […]

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