Dear Client: Stoli Group USA and affiliate company Kentucky Owl filed for Chapter 11 bankruptcy on Wednesday in the Northern District of Texas. The company estimated its assets between $100 million and $500 million, and its liabilities between $50 million and $100 million, per court documents. The Stoli Group USA portfolio includes Stoli Vodka, Elit Vodka, … Continue reading “Stoli Group USA Files for Bankruptcy”
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This Article was originally published on Wine and Spirits Daily