The owner of one of the world's best known vodka labels is shutting down its American business, with court papers showing a ...

Kentucky Owl and its parent company, Stoli Group USA, had been navigating Chapter 11 bankruptcy for over a year. However, the recent decision to file for Chapter 7 raises concerns about the distillery ...

A Kentucky bourbon distillery that completed construction just months ago is now headed for sale after a federal bankruptcy ...

The spirits industry has faced economic issues since the end of the Covid-19 pandemic that continue to mount. Among the ...

The Debt Black Hole has claimed another victim. Saks Global Holdings, the parent company of Saks Fifth Avenue, Neiman Marcus, ...

Kentucky Owl, a premium bourbon brand once prized by collectors, could soon be liquidated after more than a year of failed restructuring efforts—marking another high-profile casualty in the spirits ...

Recent years have seen a number of bankruptcy filings from franchisees of major QSR brands, with many citing similar reasons.

Sailormen, Inc., which owns more than 130 Popeyes in Florida and Georgia, filed for Chapter 11 bankruptcy on Jan. 15.

The parent company of Kentucky Owl bourbon is abandoning its restructuring efforts and moving to liquidation.

Stoli said ongoing disputes with the Russian state over the ownership and control of its flagship Stoli vodka brand had ...

Among the chicken chains that filed for bankruptcy protection last year was a Woodstock, Ga., franchisee of fast-food chain ...