Stoli Group Resumes U.S. Operations Following Chapter 11 Creditor Settlement

Stoli Group is resuming its U.S. spirits operations after reaching a comprehensive creditor settlement that resolves distribution disputes, inventory issues, and financial obligations, according to a company announcement. While a federal bankruptcy court approved the global settlement and a separate asset sale on Nov. 6—followed by an executed asset purchase agreement filed on Nov. 11—the U.S. Chapter 11 proceedings remained formally open as of Nov. 13.
Sales will roll out gradually across participating markets rather than nationwide at once. Stoli has partnered with MHW, Ltd. as its importer of record and is working with wholesalers including Empire Merchants in New York and Johnson Brothers, drawing on existing inventory held in a U.S. customs bonded warehouse. Alongside Stoli Vodka and elit Vodka, the company is expanding its U.S. portfolio with Moskovskaya vodka, Rooster Rojo and KAH tequilas, The Irishman and Writers’ Tears Irish whiskeys, and refreshed Bayou Rum offerings, while exploring potential U.S. production of flavored vodkas and non-alcoholic Stoli Ginger Beer.
Stoli Group USA and its Kentucky Owl subsidiary filed for Chapter 11 bankruptcy protection in Texas on Nov. 27, 2024, listing roughly $84 million in debt following softer alcohol demand, inflation, lender disputes, a post-Ukraine invasion rebranding effort, and an August 2024 ransomware attack that disrupted its ERP and accounting systems. The company is re-entering a contracting U.S. vodka category, where supplier revenue fell 3% in 2025 to approximately $7 billion and volume slipped 2.2% to 72.5 million nine-liter cases, according to the Distilled Spirits Council of the U.S.