NewsFlorida News

Actions

Big Storm Brewing now belongs to bankruptcy estate

Big storm brewing
Posted
and last updated

Big Storm Brewing, a Tampa Bay brewing company that opened in 2012, now belongs to a bankruptcy estate.

According to documents, Boston Finance Group (BFG) and Big Storm partner Leo Govoni agreed to transfer all stock and limited liability company membership interests in any entity to the Chapter 11 trustee.

This affects all corporations held by BFG, including Big Storm Brewing.

A 2024 lawsuit alleged from 2009 to 2020, Govoni misappropriated over $100 million from special needs trusts, which are specialized irrevocable trusts established for the elderly and people with disabilities.

Govoni co-founded The Center for Special Needs Trust Administration, which filed for bankruptcy last year. After the filing, the lawsuit states it was discovered that the Center was transferring funds from SNT's under its administration and paying them out as a purported loan to BFG.

The Tampa Bay brewing community has continuously expanded since it first opened over 10 years ago, with its taproom located in Clearwater.

It's been one year since Hurricane Milton impacted our community. Tampa Bay 28 revisited some of Tampa Bay's hardest hit areas to show the recovery and the work that still needs to be done.

Hurricane Milton 1 Year: Forest Hills