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Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

Stoli Group announces that its two U.S. entities, Stoli Group USA, LLC and Kentucky Owl LLC, filed a motion to convert Chapter 11 into to Chapter 7. Control of these U.S. entities will be transferred ...

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