California's oldest family winery files for Chapter 11 bankruptcy

Summarised from 2 outlets · Updated 25 Sept, 04:24 · Archive

Gundlach Bundschu Winery, California's oldest continuously family-owned winery, has filed for Chapter 11 bankruptcy after 168 years.

Gundlach Bundschu Winery, a 168-year-old Sonoma institution and California's oldest continuously family-owned winery, has filed for Chapter 11 bankruptcy protection. According to the Daily Mail, the winery has amassed roughly $39 million in debt. The winery will remain open.

How it is being reported

• Another blow for industry in Gavin Newsom's California as one of the state's oldest wineries goes bustDaily Mail · 25 Sept, 02:51
• California’s oldest continuously family-owned winery announces Chapter 11 bankruptcy after 168-year runNew York Post · 24 Sept, 00:40

In this story: Gundlach Bundschu Winery · California · Sonoma

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem