Filing Alert: Vineburg Chapter 11

Vineburg, LLC, a Sonoma, CA-based winery and vineyard operator, filed for Chapter 11 protection on Sep. 23 in the U.S. Bankruptcy Court for the Northern District of California.

The company reports $17.2 million in assets and $39.1 million in liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-10736.

Top Unsecured Claims

Key Parties

Counsel:

  • Stephen D. Finestone
  • Finesstone Hayes LLP

Signatories:

  • Jeff Bundschu – Chief Executive Officer

Equity Security Holders:

  • James T & Nancy K Bundschu Trust – 43.57% Equity Interest
  • Vineburg Vineyards, Inc. – 9.1% Equity Interest
  • Vineburg Wine Company, Inc. – 47.33% Equity Interest

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate…

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