Stoli vodka files for bankruptcy in the United States
Stoli Group USA, the owner of the namesake vodka, has filed for bankruptcy as it struggled to contend with slowing demand for spirits, a major cyberattack that has snarled its operations and several years of fighting Russia in court.
Vodka maker Stoli Group USA files for Chapter 11 bankruptcy
Stoli Group USA sought Chapter 11 bankruptcy protection in court last week. Affiliate Kentucky Owl also filed for bankruptcy on the same day, according to PacerMonitor.
Stoli Group USA, known for its vodka, files for bankruptcy
Stoli Group USA, known for its vodka, files for bankruptcy. See what that means for the brand while it navigates the process.
Stoli Vodka Files for Bankruptcy in the US Following Cyberattack, Legal Battle With Russian Authorities
Stoli Group USA, owner of Stoli Vodka and its subsidiary Kentucky Owl American whiskey, filed for Chapter 11 bankruptcy on Thursday. The move comes on the heels of a years-long legal dispute with Russian regulators and a "malicious cyber-attack" that crippled Stoli's virtual infrastructure.
Stoli Vodka files for bankruptcy after cyberattack, legal feud with Russia
The maker of Stolichnaya vodka has filed for bankruptcy following a crippling cyber attack in September and an ongoing legal feud with Russia over who owns the brand. The Stoli Group USA filed for Chapter 11 in US Bankruptcy Court in Dallas last week after a “malicious cyber-attack” forced the company to operate its global business manually “while the systems are rebuilt,
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