Morrison Cohen LLP, Spector Gadon & Rosen, PC and IMPACCT, LLC filed an involuntary petition for liquidation under Chapter 7 against Panache Beverages, Inc. in the US Bankruptcy Court for the Southern District of New York on January 22, 2016. The total claim amount of the petitioning creditors was $0.2 million. Morrison Cohen LLP is represented by Joseph Thomas Moldovan of Morrison Cohen LLP as their legal counsel.

Spector Gadon & Rosen, PC and IMPACCT, LLC were represented by Daniel J. Dugan of Spector Gadon & Rosen, P.C. as their legal counsel. The debtor is represented by Allen G. Kadish of DiConza Traurig LLP as its legal advisor.