Vodka maker Stoli Group USA files for Chapter 11 bankruptcy
See what's being clicked on FoxBusiness.com. Stoli Group USA filed for Chapter 11 bankruptcy protection in court last week. Stoli Group USA, a division within Stoli Group and owned by global beverage company SPI Group, said in a Nov. 27 bankruptcy filing in the U.S. Bankruptcy Court for the Northern District of Texas that the […]
Stoli Vodka files for bankruptcy after cyberattack, legal feud with Russia
The maker of Stolichnaya vodka has filed for bankruptcy following a massive cyberattack in September and a continuing legal battle with Russia over who owns the brand. Stoli Group USA filed for Chapter 11 in U.S. Bankruptcy Court in Dallas last week after a “malicious cyberattack” forced it to manually run its global operations “while […]