Stoli USA, which distills vodka and other spirits, on Nov. 27, 2024, filed for Chapter 11 bankruptcy after financial distress led to a default on $78 million in secured debt owed to Fifth Third Bank NA
And now craft spirits producer Boston Harbor Distillery, which makes whiskey, rum. gin, liqueurs, and distilled beer, filed for Chapter 11 bankruptcy protection, seeking to reorganize its business. The Dorchester, Mass.-based debtor filed its petition on March 31 in the U.S. Bankruptcy Court for the District of Massachusetts, listing $500,000 to $1 million in assets and $1 million to $10 million in debts.
“Popular” is a bit of a stretch
Interesting that covid is blamed, but I wonder if donvict continues to impose more and more and more regressive taxes, if we’ll be reading a rash of stories like this.
Also, the comment where someone rails about seeing people wearing masks - it feels like I was transported back to 2020 when the Antima Karens were everywhere it seems…
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