Stoli Group (USA), LLC

  1. January 15, 2026

    Stoli, Creditors Group, Bank Split On Trustee Bids

    Bankrupt vodka-maker Stoli Group USA's secured lender said at a Thursday status conference that it would vie for Chapter 11 trustees in the wake of Stoli and its creditors committee filing separate bids to convert the case to Chapter 7.

  2. January 09, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Stoli will provide an update on its Chapter 11 reorganization more than three months after a Texas bankruptcy judge rejected its proposed plan. Education tech firm Conscious is seeking approval of its disclosure statement and Chapter 11 plan. Solar developer Pine Gate is seeking court approval to sell certain assets, while e-commerce retailer Food52 is asking the court to approve its bid procedures.

  3. January 02, 2026

    What's Happening In Bankruptcy Court This Coming Week

    Creditors are asking a Texas bankruptcy judge to give them more than 99% of a reorganized oil driller's equity following a ruling from the Fifth Circuit. A subprime auto lender is hoping to send its Chapter 11 plan out for a creditor vote. And a bankrupt nursing home operator will defend its lawsuit against federal regulators to keep an Alabama location open.

  4. October 22, 2025

    Stoli, Fifth Third Exchange Term Sheets On New Ch. 11 Plan

    Counsel for Stoli Group USA said the bankrupt vodka maker has exchanged term sheets with its secured lender Fifth Third Bank as it seeks to find a path toward an updated Chapter 11 plan following the rejection of its last proposal earlier this month.

  5. October 06, 2025

    First Brands Gets $1B DIP, Hooters Approved To Exit Ch. 11

    A Texas bankruptcy judge granted an interim approval for First Brands' $1.1 billion debtor-in-possession loan. Hooters of America won court approval of its reorganization plan. The judge ruled the automatic stay in Alex Jones' Chapter 7 case does not extend to his media company, Free Speech Systems, while the unsecured creditors' committee in TPI Composites' Chapter 11 sued its equity holder, alleging a prepetition uptier deal unfairly elevated its creditor status.

  6. October 03, 2025

    Judge Says Stoli Can't Pay Back Its Bank With Bourbon

    A Texas bankruptcy judge on Friday rejected Stoli Group USA's Chapter 11 plan, saying the vodka maker's proposal to pay off $78 million in secured debt with 35,000 barrels of unfinished bourbon is unfeasible in the face of a crashing worldwide market for the spirit.

  7. August 22, 2025

    Stoli Offers Revised Ch. 11 Plan With Lender Backstop

    Vodka maker Stoli Group USA on Friday told a Texas bankruptcy judge it has modified its plan to partially pay off its secured debt with liquor by giving the lender a partial real estate backstop, but that it still hopes to pay off much of the loan with barrels of unfinished bourbon.

  8. August 18, 2025

    Del Monte Gets Final DIP OK, Yellow Corp. Seeks $16M Sales

    A New Jersey bankruptcy judge handed down final approval of Del Monte's debtor-in-possession financing, Yellow Corp. asked a Delaware bankruptcy judge to approve $16 million in real estate sales, and the U.S. trustee objected to confirmation of Chapter 11 plans for Hooters and a Catholic diocese. This is the week in bankruptcy.

  9. August 11, 2025

    Stoli Banker Says It Can't Accept Bourbon As Ch. 11 Recovery

    The secured lender to Stoli Group USA Monday asked a Texas bankruptcy judge to reject the vodka maker's proposed Chapter 11 plan, saying the company is trying to shortchange it by paying its debt in bourbon.

  10. August 08, 2025

    What's Happening In Bankruptcy Court This Coming Week

    Bankruptcy judges are scheduled for a potentially four-day confirmation hearing on the Chapter 11 plan of the U.S. arm of vodka maker Stoli, while also considering final approval of a $912.5 million financing package for canned foods giant Del Monte, a proposed $17.5 million sale of some of the brands of tile and stone seller Mosaic Cos., and perhaps a dismissal or conversion hearing in the Chapter 11 case of MOM CA Investco LLC, a company that developed a resort and other properties in California.