AUS: Evans & Tate verdict out tomorrow
Australian winery Evans & Tate has been left waiting another day for a decision on its court case with Australian Beverage Distributors (ABD) at NSW Supreme Court.
The verdict will be announced tomorrow (6 June), at 9.30am, at which point the company plans to make a market announcement but keep company securities in a trading halt.
The court case follows a two-year dispute arising from ABD's s short time as distributor of Evans' Cranswick labels.
ABD is claiming A$78,000 (US$59,000) in damages, but Evans claims it is owed A$216,000 under the original deal.
The troubled Australian wine producer Evans & Tate has been a victim of the Australian wine glut but, writes Richard Woodard, the company has in some ways been the architect of its own misfortunes, ov...
Evans & Tate is targeting double digit revenue growth in its current fiscal year....
Evans & Tate is to embark on an assault on the Australian wine market with a series of brand launches. The wine group hopes its latest offerings will revive the business after a series of losses, writ...
Embattled Australian wine producer Evans & Tate has suffered a second delay with an asset sale....
Evans & Tate has said it intends to fight off a fresh attempt from Australian Beverage Distributors (ABD) to wind up the company....
Evans & Tate has been in breach of a liabilities cap within one of its key trust deeds....
Evans & Tate is celebrating today (6 June) after emerging victorious from its struggle against Australian Beverage Distributors....
Evans & Tate has put its Oakridge winery up for sale as part of its plan to focus on its premium wine business....
- Analysis - SABMiller to add bolt-ons in Africa?
- A-B InBev's Move on Tennent's Super Makes Sense
- India: Everyone's Favourite Spirits Market
- Brand Diversification Driving Craft Brewery Growth
- Analysis - Stock Spirits: Poland's number one
- Diageo scraps Arthur's Day, but singer left sad
- Pernod Ricard's Café de Paris Pear, Pomegranate
- PepsiCo CEO sees "profound" change in US consumers
- William Grant sinks GBP185,000 into "No" camp
- SodaStream silent on John Lewis pullout in UK