SPI Group Calls Rum Producer Lawsuit “Baseless”

Last week we reported that the founders of Louisiana Spirits filed a lawsuit against its majority stakeholder SPI Group, claiming breach of contract. The majority of the court documents in this case are sealed to protect sensitive financial information. But now we have a better idea of SPI Group's position in the case.QUICK RECAP. LSBR sold a minority interest in Louisiana Spirits to SPI Group in 2016 and entered into a long-term partnership with Stoli Group USA, making Stoli the