Alvarium Beer Company, LLC has filed for Chapter 11 bankruptcy protection. The craft brewery and taproom, which also offers specialty coffee, has joined an expanding list of industry-wide Chapter 11 filings. While the reasons for filing are unclear in court records, it faces a gap between its assets and liabilities. The company also faces several unsecured creditor claims.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. Alvarium Beer Company, LLC has filed for Chapter 11 subchapter V, which provides a streamlined Chapter 11 process for qualifying small business debtors. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
Overview of the Filing
Alvarium Beer Company, LLC submitted its petition on October 10. Case records on PACER suggest that the company faces a financial imbalance. Its liabilities are estimated at around $2.27 million, whereas its assets are approximately $1.77 million.
The financial pressures are further shown through the company’s list of creditors with the largest unsecured claims. The listed creditors Capital For Change, Liberty Bank, Small Business Administration, and others. As per the list, the company faces claims of over $1.9 million with a disputed claim of $1.5 million.
Brian Bugnacki, who is mentioned in the records as the company’s managing member, signed the petition before it was filed. Attorney Joseph J. D’Agostino Jr. is representing the company in the bankruptcy proceedings.
The records classify Alvarium Beer Company, LLC as a small business debtor, adding that it has decided to move ahead using Subchapter V.
A summary of the Chapter 11 petition is shared here:
- Filing Date: October 10, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of Connecticut
- Type of Filing: Active, Voluntary Petition
- Chapter: 11, Subchapter V
- Case Number: 26-21079
- Estimated Assets: Between $1,000,001 and $10 million
- Estimated Liabilities: Between $1,000,001 and $10 million
- Estimated Creditors: 1-49
About the Company
Alvarium Beer Company, LLC is a craft brewery and taproom in New Britain, Connecticut. The company brews craft beer for its taproom and distributes its products throughout Connecticut. Its offerings include canned beer along with draft options available through retailers.
The company also operates Alvarium Roasting Company, which sells coffee blends online and serves customers through a separate cafe operation. The taproom also hosts events and welcomes visiting food trucks. The company’s website lists separate beer and coffee offerings, along with online ordering options for both.
Growing Filings by Brewery Operators
Several craft breweries and taprooms have turned to bankruptcy protection in recent months.
Bowigens Beer Company LLC sought Chapter 11 protection on September 2. Court records show that the company faced unsecured creditor claims and a notable financial gap. The company has been offering its services in Casselberry, Florida since 2015.
On July 31, an Alaska brewery and restaurant operator filed for bankruptcy. The petition showed that the Silver Gulch Brewing and Bottling Company, Inc. decided to proceed with a Subchapter V filing. The company has been offering its range of handcrafted beers for nearly 30 years.
Hi Sign Brewing, LLC made a Chapter 11 filing on May 31. According to the records, the Austin-based company faced a gap between its estimated assets and liabilities. As a veteran-owned company, the company offers handcrafted beer and specialty coffee.
A Denton, Texas-based craft brewery submitted its petition on April 3. Case records show that the Denton County Brewing Company’s liabilities outweighed its assets. As an independent brewery, it has been offering more than 25 taps of original craft beer.
While Alvarium Beer Company, LLC joins this list, it is expected to continue operations under court supervision.
