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Key whiskey and wine industry brand files Chapter 11 bankruptcy

TheStreet•Sunday, October 19, 2025 at 1:03:00 PM
NegativeFinancial Markets
Key whiskey and wine industry brand files Chapter 11 bankruptcy
A prominent whiskey and wine brand has filed for Chapter 11 bankruptcy protection, following an involuntary Chapter 7 bankruptcy initiated by its bank. This situation highlights the ongoing struggles within the liquor industry, particularly as it continues to recover from the impacts of the Covid pandemic. The outcome of the court's decision on which bankruptcy process to follow will be crucial for the brand's future and could set a precedent for others in the industry.
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