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Los Angeles Times
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Napa winery rebuilding from wildfire faces bankruptcy
Signorello Estate, a historic Napa Valley winery rebuilt after the 2017 Atlas fire, filed for Chapter 11 bankruptcy last month, citing debts between $10 million and $50 million. The winery, which reopened in 2024 with new facilities, faces imminent foreclosure over a $37 million loan. The broader California wine industry is also experiencing financial difficulties due to declining demand and industry consolidation.
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