Stoli Group to liquidate two US units

Stoli Group USA Moves Bankruptcy To Chapter 7, Will Liquidate - Shanken News Daily

Stoli Group has moved its U.S. assets—Stoli Group USA, LLC and Kentucky Owl LLC—into Chapter 7 bankruptcy, allowing a court-appointed trustee to oversee liquidation of the two companies. The collapse follows years of challenges for Stoli in both the U.S. … Continue reading → The post Stoli Group USA Moves Bankruptcy To Chapter 7, Will Liquidate appeared first on Shanken News Daily.

Stoli Group to liquidate two US units

Stoli Group said yesterday (15 January) it had filed a motion to move its Chapter 11 notice for two US units into Chapter 7 bankruptcy.