Roshan Mehta

Dec 2, 2024 | ionanalytics.com | Kennedy Rose |Sara M. Tapinekis |Roshan Mehta |Seth Crystall

News (Intelligence) Beverage company Stoli Group (USA) LLC (Stoli USA) filed for Chapter 11 in freefall last week as the debtors faced declining demand for spirits, inflationary pressures, a data breach and a ransomware attack, as well as a dispute with lender Fifth Third Bank, National Association.

Nov 18, 2024 | ionanalytics.com | Taylor Harrison |Sara M. Tapinekis |Seth Crystall |Roshan Mehta

News (Intelligence) In addition to the RSA that outlines treatment for a reorganization plan, the bondholders are providing USD 300m in debtor-in-possession (DIP) financing to fund the Chapter 11 case. Judge Sean Lane of the US Bankruptcy Court for the Southern District of New York is overseeing the case and has scheduled a first day hearing for today at 4pm ET.

Jun 24, 2024 | techsling.com | Roshan Mehta

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