Hoplark Inc., parent of the alcohol-free beverage brand, filed for Chapter 7 liquidation in Colorado on Aug. 28. Its filing reported 2025 revenue of about $630,000, down from $9.3 million in 2024, and suggested it may sue Brooklyn Brewery.
Hoplark's filing indicated a possible suit alleging Brooklyn Brewery breached a licensing agreement and fiduciary duties. Brooklyn Brewery, a minority investor and distribution partner since 2023, has said it can continue brewing Hoplark products through the licensing arrangement. A Chapter 7 trustee, Joli A. Lofstedt, was appointed.
Hoplark listed about $2.07 million in assets and $5.90 million in liabilities, with 74 creditors. Its liabilities included more than $1.1 million in secured claims to Brooklyn Brewery, $113,252 in priority unsecured claims and more than $4.68 million in other unsecured claims.
