Kentucky Bourbon Bust Derails Spirit Maker’s Plan to Pay Bank With Barrels

The Wall Street JournalMonday, October 6, 2025 at 9:54:00 PM
Kentucky Bourbon Bust Derails Spirit Maker’s Plan to Pay Bank With Barrels
A recent court ruling has dealt a significant blow to Stoli's U.S. operations, as a judge denied their bankruptcy exit proposal due to the declining value of bourbon amid a market downturn. This decision not only affects Stoli's financial recovery plans but also highlights the challenges facing the bourbon industry, which is grappling with fluctuating demand and prices. The outcome is crucial as it may set a precedent for other spirit makers navigating similar financial struggles.
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