Bosque Brewing's Chapter 11 Case Dismissed After Restructuring Effort Fails

Judge tosses out Bosque Brewing bankruptcy case

A judge has dismissed Bosque Brewing Company's bankruptcy case due to excessive debt.

Judge dismisses Bosque Brewing bankruptcy debt restructuring case

ALBUQUERQUE, N.M. (KRQE) – A federal bankruptcy judge has shut down an effort by one of the metro's biggest breweries to restructure its debt through the court. Bosque Brewing filed for Chapter 11 bankruptcy in October, aiming to reorganize millions of dollars in outstanding debt. But in a recent hearing, a New Mexico bankruptcy judge dismissed [...]

Bosque Brewing's Chapter 11 case dismissed after restructuring effort fails

With debts of $4 million owed to one bank alone and only $2 million in total assets, court proceedings revealed why creditors chose not to oppose dismissing Bosque Brewing's bankruptcy case and what the judge called "an unfortunate result" for a homegrown New Mexico company.