Creditors of brewery supplier 47Hops LLC are trying to oust founders Doug and Anastasia MacKinnon, who opened the business in 2013 near the craft beer industry’s peak, stating in federal court papers that the two are not competent enough to steer it out of bankruptcy given the industry’s recent slowdown, WSJ Pro Bankruptcy reported. The request for Judge Frank Kurtz of the U.S. Bankruptcy Court in Spokane, Wash., to appoint a chapter 11 trustee for the Yakima, Wash.-based merchant and wholesaler of hops products came last week from some of the company’s unsecured creditors. 47Hops buys hops from growers, turns them into pellet form and sells them to brewers. It filed for bankruptcy last year, blaming dwindling demand and unsustainable pricing in contracts it made with purchasing brewers and with growers who are scheduled to deliver hops to its processing and storage center during the next few years.
