Pashman Stein Walder Hayden P.C. Representing House Spirits Distillery LLC in Ch. 11 Filing
Pashman Stein Walder Hayden P.C.’s Bankruptcy, Restructuring & Creditors’ Rights practice was recently mentioned in a Law360 article titled, “Oregon Distillery Seeks Ch. 11 Loan To Reassure Vendors.” Pashman Stein represents debtor House Spirits Distillery LLC a/k/a Westward Whiskey, a Portland-based whiskey producer, in its Chapter 11 bankruptcy filing. The debtor is seeking court approval for a $1.55 million debtor-in-possession loan to, among other things, maintain operations through its reorganization and after exit.
Founded in 2004, Westward Whiskey has been dedicated exclusively to the premium whiskey industry and released a whiskey ranked one of the world’s five best whiskeys by industry magazine the Whiskey Advocate. The debtor’s whiskeys have consistently continued to receive awards and accolades from the most prestigious competitions, including the San Francisco World Spirits Competition, the International Wine and Spirits Challenge, and the Ultimate Beverage Challenge.
The debtor is represented by Joseph C. Barsalona II, Richard W. Riley and Amy M. Oden of Pashman Stein Walder Hayden P.C.
To read the full Law360 article, click here.