Star Buffet, Inc. Exits Chapter 11
Scottsdale, AZ (RestaurantNews.com) Star Buffet, Inc. (Pink Sheets:STRZQ) today announced that the Company has exited from Chapter 11 bankruptcy protection…
Tag: restaurant bankruptcy
Star Buffet, Inc.’s Reorganization Plan Confirmed
Scottsdale, AZ (RestaurantNews.com) Star Buffet, Inc. (Pink Sheets:STRZQ) today announced that on December 17, 2012 United States Bankruptcy Court for…
How Ground Round, Sizzler and Bennigan’s Bounced Back from Bankruptcy
In February 2004, Jack Crawford and other franchisees of the Ground Round casual dining chain dialed in to a conference…
Bankruptcy Court Approves Star Buffet, Inc. Disclosure Statement
Scottsdale, AZ (RestaurantNews.com) Star Buffet, Inc. (Pink Sheets:STRZ) (the “Company”) announces that yesterday, the United States Bankruptcy Court for the…
Star Buffet, Inc. Files Joint Plan of Reorganization
Scottsdale, AZ (RestaurantNews.com) Star Buffet, Inc. (Pink Sheets:STRZQ) announced today that on March 26, 2012, the Company and its wholly-owned…
Buffets, Inc. Reaches Restructuring Agreement to Eliminate Outstanding Debt and Strengthen Balance Sheet
Recapitalization via consensual agreement with senior lenders holding 83% of senior debt will convert approximately $245 million of senior secured…
Bankrupt Restaurants Still Holding On
You see them all across the country, in shopping malls and street corners, suburban towns and city centers: zombie restaurants.…
America’s Disappearing Restaurant Chains
There is a school of thought that says the restaurant business is always a good business – people need to…
Perkins & Marie Callender’s Files Bankruptcy, Announces Restaurant Closings
Perkins & Marie Callender’s Inc. (“Perkins” or the “Company”) announced earlier today that it has entered into a restructuring support…