Is STOLI 🍸 Bankrupt?
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Is STOLI 🍸 Bankrupt?
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About this listen
What happens when the U.S. importer of Stoli vodka files for bankruptcy, but the global parent company stays standing?In this episode of The Bald Guys of Bankruptcy, attorneys Adam Friedman and Rich Postiglione break down:✅ Why Stoli USA collapsed while Stoli International continues operating✅ How changing tastes—like the rise of ready-made drinks—hurt demand✅ The impact of legal battles in Russia, including the seizure of facilities and loss of trademarks✅ A ransomware attack that deepened the crisis✅ Why a major creditor wants a trustee appointed to take over the businessFrom vodka sales to cybersecurity breaches, this is one of the most unique bankruptcy cases we’ve covered.💬 What do you think—can Stoli USA survive? Drop a comment below!Subscribe for more industry insights: youtube.com/@thedefaultindustry#Bankruptcy #StoliUSA #VodkaBusiness #Cybersecurity #BusinessFailure #LegalTalk #TheBaldGuysOfBankruptcy