San Antonio's Alamo Beer Co. files for Chapter 11 bankruptcy reorganization

Alamo Beer Co., San Antonio's largest craft brewery, has filed for Chapter 11 bankruptcy reorganization amid a nationwide slump in beer consumption. The company filed its Chapter 11 petition Monday, listing estimated assets and liabilities both ranging from $1 million to $10 million. The company is expected to submit a more detailed filing later that shows a complete accounting of the money it owes and the assets it has on hand.