Saturday, June 2, 2018
LSBR Holding Company, which holds a minority share in Bayou Rum and Louisiana Spirits, has filed a lawsuit against SPI Group and Stoli Group USA, alleging breach of contract. In 2015, SPI purchased a minority stake in Louisiana Spirits, with Stoli Group USA gaining exclusive U.S. distribution rights. The following year, according to a copy of the lawsuit obtained by SND, SPI agreed to take majority control of the company.
There is a lot more to his story that you can read at http://www.shankennewsdaily.com/index.php/2018/05/25/20852/spi-and-stoli-group-sued-by-lsbr-holding/