BELLINGS

49-year-old Napa Valley winery files Chapter 11 bankruptcy

The Napa Valley winery files bankruptcy to halt a foreclosure sale.

The Napa Valley winery files bankruptcy to halt a foreclosure sale.

BELLINGS Intelligence Score: 10

Why it matters

The bankruptcy of a single mid-sized winery is a routine credit event with limited systemic or market-wide implications for credit professionals.

Sources