{"id":1844,"date":"2026-01-23T04:05:26","date_gmt":"2026-01-23T04:05:26","guid":{"rendered":"https:\/\/cupcake.website\/?p=1844"},"modified":"2026-01-23T04:05:26","modified_gmt":"2026-01-23T04:05:26","slug":"stoli-vodka-faces-liquidation-after-2024-bankruptcy","status":"publish","type":"post","link":"https:\/\/cupcake.website\/?p=1844","title":{"rendered":"Stoli Vodka Faces Liquidation After 2024 Bankruptcy"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-journey-body=\"standard-article\">\n<ul data-node-id=\"0\" class=\"css-kw9lqy emevuu60\">\n<li data-node-id=\"0.0\">The Stoli Group filed for bankruptcy in 2024 and, due to ongoing financial struggles, is now being forced to sell off its assets.<\/li>\n<li data-node-id=\"0.1\">Only two brands within the group are affected: Stoli vodka and Kentucky Owl bourbon.<\/li>\n<li data-node-id=\"0.2\">The company says consumers should still be able to buy the products for the foreseeable future.<\/li>\n<\/ul>\n<hr data-node-id=\"1\" class=\"css-18pb4rg emevuu60\"\/>\n<p data-journey-content=\"true\" data-node-id=\"2\" class=\"css-6wxqfj emevuu60\">It looks like it might be the end of an era for one of the only vodkas you could catch me drinking back in my college days.  <\/p>\n<p data-journey-content=\"true\" data-node-id=\"3\" class=\"css-6wxqfj emevuu60\">The Stoli Group, producer of both Kentucky Owl Bourbon and more famously, Stoli Vodka (formerly Stolichnaya), is being forced to sell off its inventory after filing for Chapter 11 bankruptcy back in November 2024. According to reports, the company has struggled to reorganize since the filing, and creditors now doubt its ability to turn its finances around.  <\/p>\n<p data-journey-content=\"true\" data-node-id=\"4\" class=\"css-6wxqfj emevuu60\">As such, creditors have requested a court order to end the Chapter 11 process and move the company into Chapter 7 bankruptcy, which would require Stoli Group to liquidate assets to pay off debts.  <\/p>\n<section data-embed=\"watch-next\" data-lazy-id=\"P0-16\" data-node-id=\"5\" class=\"embed\"\/>\n<p data-journey-content=\"true\" data-node-id=\"6\" class=\"css-6wxqfj emevuu60\">In a <a href=\"https:\/\/www.prnewswire.com\/news-releases\/stoli-group-moves-its-two-us-entities-into-chapter-7-as-geopolitical-and-market-shocks-converge-302662542.html\" target=\"_blank\" data-vars-ga-outbound-link=\"https:\/\/www.prnewswire.com\/news-releases\/stoli-group-moves-its-two-us-entities-into-chapter-7-as-geopolitical-and-market-shocks-converge-302662542.html\" data-vars-ga-ux-element=\"Hyperlink\" data-vars-ga-call-to-action=\"press release\" data-node-id=\"6.1\" class=\"body-link css-1i7jlb0 emevuu60\">press release<\/a>, the Stoli Group attributed its financial struggles in part to tensions with the Russian government. &#8220;After the company publicly condemned the invasion of Ukraine and voiced its support for peace, the Russian government designated Stoli an &#8216;extremist organization&#8217; in Russia,&#8221; it said. The company claims its distillery was confiscated soon after, and it was hit by a cyberattack that disrupted operations and distribution. &#8220;These geopolitical shocks, combined with a slowdown in the U.S. spirits market and a lack of support and flexibility from the Group&#8217;s finance partners, led Stoli Group to file for Chapter 11 protection in November 2024,&#8221; the release detailed.  <\/p>\n<section data-embed=\"editorial-link\" data-lazy-id=\"P0-17\" data-node-id=\"7\" class=\"embed\">\n<aside class=\"css-1fm2v8u e94w1mj9\">\n<h6 class=\"css-18s47pf e94w1mj7\"><span aria-hidden=\"true\" data-theme-key=\"title-design-element-before\" class=\"css-0 eagam8p0\"\/><span class=\"css-8lle59 e94w1mj5\">Related Story<\/span><span aria-hidden=\"true\" data-theme-key=\"title-design-element-after\" class=\"css-0 eagam8p1\"\/><\/h6>\n<\/aside>\n<\/section>\n<p data-journey-content=\"true\" data-node-id=\"8\" class=\"css-6wxqfj emevuu60\">If the case proceeds to Chapter 7, control of Stoli Group USA&#8217;s Stoli and Kentucky Owl entities would be transferred to a court-appointed trustee, who would oversee their liquidation. At this time, the situation applies to the U.S. operations tied to those two brands, while the company says its non-U.S. operations are not affected. However, the company issued a statement saying that, &#8220;We believe there is sufficient inventory of Stoli brands in the U.S. market to ensure consumers will be able to continue purchasing these products for the foreseeable future.&#8221;  <\/p>\n<p data-journey-content=\"true\" data-node-id=\"9\" class=\"css-6wxqfj emevuu60\">If you&#8217;re a diehard fan, better stock up\u2014as Ilya Rozanov surely knows, good Russian vodka can be hard to find.    <\/p>\n<section data-embed=\"editorial-link\" data-lazy-id=\"P0-18\" data-node-id=\"10\" class=\"embed\">\n<aside class=\"css-fcvumo e94w1mj1\"\/><\/section>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Stoli Group filed for bankruptcy in 2024 and, due to ongoing financial struggles, is now being forced to sell off its assets. Only two brands within the group are affected: Stoli vodka and Kentucky Owl bourbon. The company says consumers should still be able to buy the products for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-food-news"],"_links":{"self":[{"href":"https:\/\/cupcake.website\/index.php?rest_route=\/wp\/v2\/posts\/1844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cupcake.website\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cupcake.website\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cupcake.website\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cupcake.website\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1844"}],"version-history":[{"count":0,"href":"https:\/\/cupcake.website\/index.php?rest_route=\/wp\/v2\/posts\/1844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cupcake.website\/index.php?rest_route=\/wp\/v2\/media\/1845"}],"wp:attachment":[{"href":"https:\/\/cupcake.website\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cupcake.website\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cupcake.website\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}