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159-year-old liquor brand faces Chapter 11 bankruptcy, asset sale

Summary by Capital Journal
The company is a court-ordered receivership.Selling assets is part of its plan.A Chapter 11 bankruptcy filing, but not a Chapter 7 liquidation, remains an option. Very few brands trace their history back to the 1850s, and almost no brands exist…

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Capital Journal broke the news in on Thursday, October 23, 2025.
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