Somerville Brewing Co., which is behind the suite of Slumbrew beers, has filed for chapter 11 protection and is asking for an emergency hearing tomorrow, according to recent court filings, the Boston Globe reported. In the emergency motion for a hearing filed Sept. 27, the brewery said the recent buildout of a taproom at Assembly Row has resulted in “cash flow shortages,” and that the company has fallen behind in rent at that location. Overall, Somerville Brewing Co. owes more than $1.2 million to creditors with liens on its properties, according to the filing. The company is requesting a judge’s approval to use its cash and equipment so it can continue to operate while conducting a reorganization of its business affairs, according to the filing. If the company doesn’t receive a favorable ruling tomorrow, the result would be “immediate and irreparable harm to the estate,” the filing says.
