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.
By Jordan Valinsky, CNN New York (CNN) — 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.
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.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Vodka maker Stoli Group files for bankruptcy protection in U.S. | Since Then
