|This Glass is Half Full - He's Platinum|
Business operations connected to Kid Rock are among the creditors in a federal bankruptcy filing by a beer company based outside Lansing, Michigan.
The Chapter 7 filing, see here, was entered Jan. 31 by Bobby Mason, founder of Michigan Brewing Company, which was contracted to brew Rock’s American Badass Beer.
Bobby Moscow LLC., which Rock uses to market and sell his Made in Detroit clothing line, and KR Drinks LLC, which state records show conducts business under the name American Badass Beer, are both listed among the creditors in the filing.
The amount owed Bobby Moscow is listed as “unknown” while the debt to KR Drinks is $276,897.
Rock's beer debuted in 2009 and he used his megamedia platform to pimp the beer on The Daily Show with Jon Stewart in 2011. The beer became a top seller, even as the Michigan Brewing Company floundered. Records show that the brewery had cash flow problems that predated the issue of Rock's beer; in 2005 MBC became delinquent in payments to its landlords and was foreclosed upon.
The brewery, which had been open since 1995, was closed by creditors in April 2012 and most of its assets were sold at auction in July to MillerCoors.
The last notice regarding the failure of the brewery from The Rock camp was June, which said the brand would be seeking another “Michigan-based” contract brewer.
Chapter 7 is a last resort for a failed business. The July liquidation auction did not earn the amount needed to satisfy MBC’s numerous creditors, who are owed over $11 million.
Read an excellent history of the brewery through its July closing here.