Watchdog

Idaho-based Corson Distilling racked up $4M in claims. Now, its equipment is up for auction.

A local manufacturing company that collapsed under numerous lawsuits is now having its assets sold piece by piece.

Corson Distilling made a splash as a distillery equipment maker a few years ago. But soon, Corson was facing complaints from customers who said they paid for equipment and never got it.

Now, the company’s remains — about 750 items — are being sold at summitauctions.com. The sale closes June 5.

Auction items include several Apple iMac desktop computers and iPads, a 200-gallon stainless steel boiler, two 230-gallon moonshine stills and several copper distilling cones.

The Idaho Statesman has identified more than 20 customers who said they paid Corson Distilling anywhere from $14,000 to more than $150,000. Their total claims against Corson now exceed $4 million.

Owners Josh and Tory Corson wound down the company and officially dissolved it last month.

Read more: Customers across the U.S. say a Treasure Valley biz stiffed them. The damage: $4 million.

Liquidation proceeds from the auction will go to Kapitus, a lender that gave Corson a $165,000 high-interest business loan in June 2018.

Several former customers won their disputes with Corson, and the company owes them legal judgments exceeding $2 million. Almost all of the judgments haven’t yet been paid.

Idaho-based Summit Auctions is running the sale, which launched Wednesday. The items are in Caldwell at Corson’s former facility on Challenger Way.

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Watchdog reporter Audrey Dutton joined the Statesman in 2011. Before that, she covered finance policy in Washington, D.C., during the financial crisis. She also worked as a reporter in Maryland, Minneapolis and New York. Audrey hails from Twin Falls.
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