SDVA bankruptcy worries Languedoc wineries
date:May 21, 2014
of what has happened to the SDVA, to strive together in order to recover a combined amount of 6 or 7 million.

At the point of liquidation the SDVA's total debt was 11 million.

It has been speculated that contracts to sell wine at very low prices has allowed the SDVA problem to spiral out of control. They had hoped that their very large distribution would generate a positive turnover, but they are now so out-of-pocket that they are incapable of repaying their creditors.

Jean-Marie Fabre w
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