Merlion falls victim to recession

Article Abstract:

Merlion sought bankruptcy protection, adding the winery to a growing list filing Chapter 11. The winery, which opened in 1985, owes back taxes and is feeling the effects of greater competition, the recession, tight lending policies and increased taxes on wine.

Napa Valley, Merlion Winery

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Venerable distributor seeks bankruptcy protection

Article Abstract:

This wholesaling concern of Draper and Esquin Wine Merchants has experienced difficulties due to decreased wine sales and other factors and has filed for Chapter 11 bankruptcy protection. The company's debts total $1.8 million.

Wine Distributors

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Whitehall Lane threatened with foreclosure

Article Abstract:

Wine industry insiders reported that Sanwa Bank was preparing to foreclose on Whitehall if the company did not make payments on bad loans. Whitehall management denies the allegations, and Sanwa refused to commend.

Grapes, Whitehall Lane Winery

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