Local winery owners Claude and Genevieve Delfosse avoided a foreclosure auction of their 318-acre Nelson County property yesterday with a Chapter 11 Bankruptcy filing in the Western District Bankruptcy Court last Friday. Trustee Stephen Scarce confirmed the information this morning.
Reached for comment at the winery, Claude Delfosse also confirmed that foreclosure had been avoided and that there was a bankruptcy filing, though he said it was "not the winery" that had filed the application. He referred all questions to his attorney, who did not immediately return calls. Chapter 11, a more complex procedure than the so-called liquidation bankruptcy of Chapter 7, aims at reorganizing debt and letting a business re-emerge as healthy. Delfosse said the "winery is open for business as usual."
Three years ago, Delfosse was on the leading edge of eco-friendly winemaking and property management. Read more about it here.
“Sustainability is not an event, it’s a long-term thing,” Claude Delfosse (pictured) told C-VILLE three years ago about the management of his heavily wooded and nature-trailed Nelson property.