Vintage Wine Estates Files for Ch.11 Bankruptcy

Dear Client:  After a few tumultuous years, Vintage Wine estates announced today it has filed for Chapter 11 bankruptcy. The process is "intended to establish a fair, structured process for VWE to address outstanding debt obligations while the business pursues the sale of its assets," per release. The company goes on to explain that it "experienced negative financial headwinds that severely impacted its liquidity position," and after exploring several options they found that "the monetization of all assets being the most