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Snooth User: VintageTexas

Gruet Backs Out of Deal to Purchase CapRock Winery

Posted by VintageTexas, Jul 28, 2010.

Video: CapRock Winery News Conference. Gruet Backs Out; New Auction in Process

Special High Plains Wine Correspondent, Ben Simons from Vinotology.com attended the news conference held at CapRock Winery yesterday. He posted the following video of the event that included an explanation by attorney Max Tarbox that Laurent Gruet, co-owner of Gruet Winery (http://www.gruetwinery.com) in Albuquerque, New Mexico, has backed out of the purchase of the CapRock Winery (http://www.caprockwinery.com)  in Lubbock, Texas. Tarbox also announced that there will be a new auction by sealed bid to be concluded on August 3, 2010. There will be a judges hearing with Judge Robert Jones on August 4, 2010, to review the auction and bids.

More at: http://vintagetexas.com/blog/?p=2037

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