💥New Chapter 11 Bankruptcy - Meier's Wine Cellars Acquisition LLC ($VWE)💥

Former de-SPAC files for bankruptcy to pursue sale.

On July 24, 2024, CA-based Meier’s Wine Cellars Acquisition LLC (the “company”) and 11 affiliates (the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Walrath). “Acquisition,” huh? Weary old pros know that when “acquisition” appears in a distressed company name, there’s a 50/50 chance you can count on some f*ckery. Here? …