Chapter 7 bankruptcy could end brewery brand and restaurant chain

Core Viewpoint - Bosque Brewing Company has filed for Chapter 11 bankruptcy to reorganize its business while continuing operations, amidst complications arising from co-owners filing for Chapter 7 bankruptcy [5][6][7]. Company Overview - Bosque Brewing Company, a popular pizza and craft brewery chain, filed for Chapter 11 bankruptcy protection on October 6, listing assets between $1 million to $10 million and liabilities between $10 million to $50 million [6]. - The company aims to reorganize its business after expanding locations in 2024 and relocating brewing operations back to New Mexico in September 2025 [5]. Complications in Bankruptcy - The situation has become more complex due to co-owners Gabriel Jensen and his spouse filing for Chapter 7 bankruptcy, holding a combined stake of 22.23% in Bosque Brewing and 22.25% in its sister company, Smothered [7]. - The Chapter 7 filing puts the assets of the co-owners at risk, which could impact the overall business operations of Bosque Brewing [4].