Stoli Group Completes Ch.11 Restructure

Dear Client:   Stoli Group announced today its return to the US market following the completion of its Chapter 11 restructuring process.  HOW WE GOT HERE. You may recall, Stoli's US operations filed for Chapter 11 bankruptcy about two years ago, citing a range of factors including a slowdown in the US spirits market, increased costs and inflation, operational disruption caused by a cyberattack, and a dispute with its lender Fifth Third Bank [see WSD 12-02-2024].  In January of this year,