Australian winery cooperative Barossa Valley Estate placed into receivership
date:Jan 22, 2013
Australia-based winery cooperative Barossa Valley Estate has been placed into receivership.

Both the winery's assets and affairs were put into the hands of Australian receiver McGrathNicol, an independent boutique advisory firm specializing in corporate advisory, forensic, transaction services and corporate recovery.

With the 2013 vintage coming close, the company's future grape contracts remains uncertain now.

According to a report in Adelaidenow.com, several supplier shareholders have to be
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