Sugarloaf Custom Winery Seeks Bankruptcy Protection as $13 Million Loan in Default: Sugarloaf Wine Co. southeast of Santa Rosa filed for Chapter 11 reorganization as loan on winery goes into foreclosure. Founder says hundreds of thousands of dollars from the winery and a separate vineyard operation went to fund a fintech startup…
Afternoon Brief, February 13
Australia's Treasury Wine Drops Planned Sale of Cheaper Brands, Cuts Profit Guidance: Penfolds wine producer Treasury Wine Estates (TWE.AX), pulled the sale of its cheap drinks division after failing to find an attractive offer and cut its prediction for annual...
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