Rivertowne Brewery and Tasting Room, a craft brewery in Export, Pa., with four associated restaurants in Allegheny and Westmoreland (Pa.) counties, is expecting interest from at least six potential buyers when it goes up for sale next month, according to filings in U.S. Bankruptcy Court in Pittsburgh, TribLive reported. About 240 other potential buyers, many with experience in the food and beverage industry, have been notified of the pending sale, according to filings in Rivertowne’s bankruptcy case. Bidders have until 5 p.m. Oct. 10 to submit offers, which will be reviewed to determine who is qualified to make the purchase, said Daniel Schimizzi, a Pittsburgh attorney with Whiteford Taylor Preston LLP, who is representing Rivertowne in the chapter 11 bankruptcy case filed in May. Bidding for the brewery will start at $1.35 million, which is the amount submitted by Gordon Brothers Commercial & Industrial LLC of Boston. A closed-door auction for qualified bidders will be held Oct. 12, and an open hearing in bankruptcy court is planned for Oct. 16, Schimizzi said. Rivertowne has about 150 employees. Debtors are owed between $1 million and $10 million; they include the Pittsburgh Pirates, which is owed $271,000; the Pittsburgh Penguins, which is owed $125,000; and S&T Bank of Indiana, which was owed $103,380, according to court filings.
