Cielo Vineyards & Winery LLC filed for chapter 11 protection citing $1,000,001 to $10 million in assets and the same figure in liabilities, the Sacramento Business Journal reported yesterday. Though the winery’s website describes it as having 41 acres, only about 18 are actually planted vineyards at the moment. Among the list of creditors, the largest single amounts are for a total of $1.63 million to three individuals or entities whose claim is on the 21.6 acres of undeveloped land.
