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Alma Rosa Winery
updated: Aug 01, 2012, 3:33 PM

By Edhat Subscriber

The Alma Rose Winery is going out of business? That's a shame, I love their wines. Does anyone know if they are selling their inventory or looking for a buyer? I loved that scene in Sideways where they stopped there.

Alma Rosa Winery Files for Bankruptcy: Vintner Richard Sanford Points to Recession and Low-Yielding Crop Years (08/02/12)

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Comments in order of when they were received | (reverse order)

COMMENT 303755	2012-08-01 03:43 PM
They filed for Chapter 11 but are still operating.
COMMENT 303763	2012-08-01 04:01 PM
Oh no! This is horrible news. They make some of the best wines in the county!
COMMENT 303767	2012-08-01 04:07 PM
Bankruptcy doesn't necessarily mean "going out of business". They'll write off a lot of their debts, some creditors will get screwed, but they'll be back. Can't keep a good winemaker down.
COMMENT 303772	2012-08-01 04:20 PM
They are NOT out of business. Winery tasting room still open and they're making wine. This is a financial maneuver and is designed to keep them in business. Hope it works.
COMMENT 303796P	2012-08-01 05:30 PM
It's regular practice in the wine industry and is becoming more common around here. The creditors who will get stiffed are usually vineyard management companies, winery related services, glass suppliers, equipment suppliers, and grape growers whom sell their fruit. I feel bad for all the others that this will affect. I'm also sad for The Sanfords as they are good people and this has got to be hard for them.
COMMENT 303798	2012-08-01 05:43 PM
Thanks 303772! The Sanford's are personal friends and you are correct! They are NOT going out of business. Just a maneuver to give them some breathing room. The main creditors are a former business manager and their grape supplier.
COMMENT 303817	2012-08-01 06:37 PM
Can't be good business to stiff your grape supplier if you're a vintner. It's a shame to hear about the ongoing difficulties they're having.
COMMENT 303825P	2012-08-01 06:55 PM
Chapter 11 is reorganization. As far as I know it does not "stiff" anyone. It just slows things down and sets in place a bankruptcy court approved plan pay off debt and keep operating the business. Chapter 7 erases debt - Chapter 13 erases some debt.
COMMENT 303856P	2012-08-01 09:14 PM
Maybe I'm naive. Doesn't this mean they are not going to pay people what they have promised?
COMMENT 303881	2012-08-02 06:30 AM
See comment from 825Pthe above.. no one gets stiffed. That's chapter 7.
COMMENT 303982	2012-08-02 09:47 AM
The Sanfords are outstanding members of the community, very generous with non-profits. Let's not throw insults around about "stiffing" people. They are about the last people in the community who would be doing that.
COMMENT 303988	2012-08-02 10:08 AM
All of you should just go buy lots of their wine, stock up, as that will give them necessary cash.
COMMENT 304024	2012-08-02 11:03 AM
I agree with 88, let us all buy some of their wine and support their wonderful business.

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