Daily News: July 19, 2012

Tiger Remarketing Services Sells Rominger West Winery Assets

The assets of Rominger West Winery, including wine glasses, computers, servers, restaurant furniture, bulk and bottled wines, steel and wooden barrels and more, will hit the auction block on July 19-25 in an online-only sale conducted by Tiger Remarketing Services.

The inventory to be auctioned includes hundreds of wood and steel barrels, along with 2,900 empty wine bottles and an assortment of wine glasses, barrel racks, corks and seals. Also available during the sale: a receiving hopper with a 1/4-ton capacity, kitchen and restaurant equipment from the company’s tasting room, computers, furniture, and more.

Rominger West was founded in 2004 by local grape-grower Charlie Rominger and winemaker Mark West. It aimed to fill a gap in the wine market by selling small-lot artisan wines, which were handcrafted with as little machine interference as possible in order to produce gently cultivated and nurtured vintages. The business, which frequently sponsored concerts, fundraisers and other events, was also well known for its focus on supporting local agriculture and the community.

The Davis winery closed in April. Rominger West subsequently filed a voluntary petition for Chapter 7 bankruptcy on June 8 in the U.S. Bankruptcy Court, Eastern California. Tiger is conducting the court-ordered sale on behalf of trustee Alan S. Fukushima of Sacramento. “Rominger West was a boutique winery with a small tasting room,” said Jeff Tanenbaum, president of Tiger Remarketing Services, “but the inventory available in this sale is of high quality and represents a good value opportunity for wineries, resellers and other businesses.”

Tiger Remarketing Services and its affiliates at Tiger Group provide advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale, and industrial sectors.