Summit Brewing Could Go to Foreclosure

Dear Client: St. Paul, Minnesota-based Summit Brewing, a top 50 craft brewer and the second largest by volume in the state, is facing financial challenges that could result in foreclosure, as its lender has sued to collect millions of dollars in debt, reports The Minnesota Star Tribune.  The lender, BMO Bank, alleges that Summit “missed a major loan payment and later warned that its cash crunch “was worsening,” which has led to “growing concern” from creditors and the thought that