ALBUQUERQUE, N.M. — Another New Mexico brewery could be in hot water. Last week, Bosque Brewing Company filed for Chapter 11 Bankruptcy.
But does that mean the multiple breweries are closing for good? Not necessarily.
According to U.S. Courts, Chapter 11 Bankruptcy means a company is reorganizing its funds. The debtor, in this case Bosque, keeps running the business but comes up with a plan to pay creditors over time…