EnCap Investment LP’s Robert Zorich has the bankruptcy court’s approval to complete his $1.7 million purchase of a large chunk of Alma Rosa Winery’s vineyards, the Wall Street Journal reported on Saturday. Although the winery is under new ownership, perhaps little about the pinot noir wines, made famous in the movie “Sideways,” will change. The deal plans for hall-of-fame winemaker Richard Sanford to continue producing wine on the property as an employee. The sale is still contingent on the approval of Sanford’s lender, Deutsche Bank National Trust, owed $2.6 million. The bank has filed a motion of no opposition, indicating it’s largely in favor of the deal.
