Stoli Brand Vodka’s US Arm Files Chapter 11 Bankruptcy

The US arm of Stoli Group, the owner of Stoli brand vodka and Kentucky Owl bourbon, has filed bankruptcy.

Stoli Group (USA) LLC and an affiliate sought court protection Wednesday in Texas, listing more than $100 million in assets and between $50 million and $100 million in liabilities on its Chapter 11 petition.

The company owns a dozen spirits and wine brands, including Stoli, which is distilled in Latvia, according to Stoli Group’s website. The business also owns Elit vodka, Bayou brand vodka, Villa One tequila and Achavel Ferrer wine. Kentucky Owl produces whiskeys at different price ...