If you’re not from the Buckeye State, you might not have ever heard of A.M. Scott Distillery before, a small distillery located in the town of Troy, Ohio, that makes an award-winning lineup of bourbon, rye, and gin. Or rather, it made these spirits, because on December 22 the distillery filed for bankruptcy, the latest victim of what, by all signs, is a very unstable marketplace for spirits.
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There might be more to the story in this particular instance, however. According to the local Troy news website Miami Valley Today, A.M. Scott founder Anthony Michael Scott was arrested and indicted on two felony charges last spring—one count of theft by deception and one count of passing bad checks. Scott pleaded not guilty to both charges. It’s not clear if the distillery’s bankruptcy filing is related to his legal troubles or the current state of the whiskey market, or both, but this is just the latest news about a distillery pausing production, posting dismal sales figures, or filing for Chapter 11—and sometimes all these things…