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The Times of India

World

TOI World Desk

California winery founded in 1981 faces October 15 sale deadline after $12.7 million court judgment

Wine California Bankruptcy

A California winery that has been operating for 45 years could face liquidation if it fails to find a buyer by October 15, following a long-running legal dispute between members of the family that owns it. Adelaida Vineyards, one of the earliest wineries established in Paso Robles, filed for Chapter 11 bankruptcy in December 2024 after a court ordered it to pay $12.7 million in a case brought by one of the founders' children.

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