The collapse of Republic National Distributing Company’s California division at the beginning of this month is the biggest story in the booze business, for reasons I’ve reported at length here and elsewhere. But amid the epic, multibillion-dollar disintegration of the country’s second-largest distributor, another story about a different beverage-alcohol firm that was mismanaged into insolvency in the Golden State hit a dubious milestone. It’s been a year since a consumer-packaged-good...
