Source: New York Post
California’s oldest continuously family-owned winery has survived earthquakes, Prohibition, wildfires and a pandemic — but a crushing pile of debt has finally forced the 168-year-old Sonoma institution into bankruptcy court. Gundlach Bundschu Winery announced that it has filed for Chapter 11 bankruptcy protection as the sixth-generation family behind the historic estate scrambles to restructure its finances and potentially bring in a new investor. The winery, founded in 1858, stressed that its doors aren’t closing.
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