De Loach Vineyards, one of California's success stories of the 1970s, filed for bankruptcy in May, the latest in what could be a wave of restructuring in the state's troubled wine industry. Citing nearly $30 million in debt and a net loss of $2.
For the full article, check out the new issue of Wine Spectator, on newsstands July 31, 2003.
Do you have a Wine Spectator magazine subscription? Save 50% on your Online Membership right now!
Passionate about wine? Wine Spectator magazine is looking for an enthusiastic copy editor in the New York office.
Sips & Tips | Wine & Healthy Living
Video Theater | Collecting & Auctions
New! Ratings Flash