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WINERY CHAPTER 11
California’s oldest family-owned winery files for bankruptcy after more than 160 years. Why exactly this winery went out of business?Gundlach Bundschu Winery, a landmark in California's rich vinicultural history, has initiated Chapter 11 bankruptcy proceedings due to moun...- In 1858, Gundlach Bundschu began a California wine legacy. 168 years later, pandemic fallout, heavy debt and a changing market have pushed the historic winery into bankruptcyGundlach Bundschu Winery, founded in California in 1858, has filed for Chapter 11 bankruptcy protection. The winery seeks to restructure ov...
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