Stoli Group's Bankruptcy: A Cyberattack and a Decades-Long Battle with Russia Podcast Por  arte de portada

Stoli Group's Bankruptcy: A Cyberattack and a Decades-Long Battle with Russia

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Two U.S. Stoli Group vodka subsidiaries filed for bankruptcy due to a cyberattack and a protracted legal battle with the Russian government. The Russian government, aiming to reclaim ownership of the privatized vodka brand, has pursued politically motivated charges against Stoli Group's owner, Yuri Shefler. Shefler, exiled from Russia in 2000, rebranded Stoli to distance the company from Russia following its invasion of Ukraine. The bankruptcy filings reveal substantial debt incurred through legal fees and decreased sales due to boycotts. The company's actions are framed as a demonstration of support for Ukraine.

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