Somerville Brewing Company Files for Chapter 11 Bankruptcy

Somerville Brewing Company Files for Chapter 11 Bankruptcy

  A local brewing company that includes both a brewery/taproom and a brewhouse has declared bankruptcy and is now looking to reorganize. According to a tweet from @_davidelman, Somerville Brewing Company has filed for Chapter 11 Bankruptcy, with a post within the courtlistener.com site indicating that the bankruptcy petition stems at least in part from the buildout of its restaurant…

Back to Insights

Somerville Brewing Company Files for Chapter 11 Bankruptcy

 

A local brewing company that includes both a brewery/taproom and a brewhouse has declared bankruptcy and is now looking to reorganize.

According to a tweet from @_davidelman, Somerville Brewing Company has filed for Chapter 11 Bankruptcy, with a post within the courtlistener.com site indicating that the bankruptcy petition stems at least in part from the buildout of its restaurant and brewpub at Assembly Row, which has resulted in the company falling behind in rent payments for that space. The company is now looking to keep the brewhouse and the brewery/taproom in operation as it plans a reorganization.

Somerville Brewing company first opened its brewery and taproom on Ward Street in 2014, with its brewhouse at Assembly Row debuting in 2017; the company, which also operated a seasonal beer garden at Assembly Row, is known for its Slumbrew brand of beers.
 

 

Article Written by Boston Restaurant Talk https://bostonrestaurants.blogspot.com/2019/09/somerville-brewing-company-files-for.html

 

Photo Courtesy of Boston Restaurant Talk

 

Related posts

  • A Complete Guide to Restaurant Remodel Equipment Removal and Liquidation

  • Restaurant Closing for Fast Casual Chain Operators: A Strategic Guide to Equipment Liquidation

  • A Strategic Facility Closure Plan for Los Angeles Restaurants

  • Your Guide to a Strategic Restaurant Facility Closure Plan in Arlington, TX

  • A Strategic Guide to Your Restaurant Facility Closure Plan

  • The Ultimate Food Hall Closure Guide: Managing Vendor & Shared Equipment

  • The Ultimate Kitchen Decommission Checklist for Romulus, NY Operators

  • The Ultimate Kitchen Decommission Checklist for Orlando Operators

  • The Ultimate Commercial Kitchen Decommission Checklist for Restaurant Operators

  • Kitchen Renovation for Catering Companies: How to Manage Your Equipment Transition

Related posts

  • A Complete Guide to Restaurant Remodel Equipment Removal and Liquidation

  • Restaurant Closing for Fast Casual Chain Operators: A Strategic Guide to Equipment Liquidation

  • A Strategic Facility Closure Plan for Los Angeles Restaurants

  • Your Guide to a Strategic Restaurant Facility Closure Plan in Arlington, TX

  • A Strategic Guide to Your Restaurant Facility Closure Plan

  • The Ultimate Food Hall Closure Guide: Managing Vendor & Shared Equipment

  • The Ultimate Kitchen Decommission Checklist for Romulus, NY Operators

  • The Ultimate Kitchen Decommission Checklist for Orlando Operators

  • The Ultimate Commercial Kitchen Decommission Checklist for Restaurant Operators

  • Kitchen Renovation for Catering Companies: How to Manage Your Equipment Transition

The latest from our blog

  • A Complete Guide to Restaurant Remodel Equipment Removal and Liquidation

    Your restaurant remodel is exciting. New layouts, upgraded workflows, and a fresh look are…
    Read More
  • Restaurant Closing for Fast Casual Chain Operators: A Strategic Guide to Equipment Liquidation

    Closing a restaurant is always a complex process, but a fast casual chain restaurant…
    Read More
  • A Strategic Facility Closure Plan for Los Angeles Restaurants

    Closing a restaurant in the hyper-competitive Los Angeles market is a uniquely challenging task….
    Read More