Summit Brewing Reaches Agreement With BMO, Charts Path Forward

Dear Client: A little over a month after facing the possibility of foreclosure, Summit Brewing has reached an agreement with its lender, BMO Bank, clearing a major hurdle for the 40-year-old Minnesota craft brewer. Indeed, the top 40 craft brewer announced this morning that it has reached an agreement with BMO "concluding BMO's role as its lender," with a new lender acquiring the loans previously held by the bank. And with that agreement in place, Summit says its new lender