Tag: bankruptcy
Buffet restaurant chain cites pandemic in bankruptcy filing
- General News
The companies will have access to additional liquidity through a post-petition debtor in possession loan being extended by VitaNova Brands.
Country Fresh enters into stalking horse purchase agreement in bankruptcy sale
- General News
Country Fresh, a leading fresh-cut fruit, vegetable, and snacking solutions provider, filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas in order to effectuate the upcoming sale of the company.
Tennessee firm posts $400,000 bond for PACA license
- General News
Legendary Baking I LLC, trading as J. Horners, operating out of Nashville, Tenn., has posted a $400,000 surety bond with the USDA.
Ruby Tuesday files for Chapter 11, closes restaurants
- General News
Casual dining chain Ruby Tuesday filed for Chapter 11 bankruptcy today and plans to close nearly half of their restaurant operations.
Kings, Balducci’s parent company accepts stalking horse bid
- General News
To facilitate an orderly sale, KB and its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York.
Billion dollar foodservice distributor files bankruptcy
- General News
Maines Paper & Food Service, Inc., Conklin, NY, a 101-year old distributor with $3.5 billion in annual sales, filed Chapter 11 bankruptcy, with a plan for liquidation.
Care in Crisis: Bankruptcy Report
- Blue Book Services
In Blue Book Services “Care in Crisis” video No. 5, Marketing Director Jeff Lair highlights the Blue Book Bankruptcy Report – available to members – with Greg Johnson, Director of Media Development.
Pandemic restrictions may bankrupt salad chain
- General News
The parent company of Sweet Tomatoes and Souplantation restaurants plans to file bankruptcy and does not see a path to reopen any of its nearly 100 restaurants.
Brio and Bravo Italian chain owner files for Chapter 11 protection
- General News
Owner FoodFirst Global Restaurants said the chains had been struggling before being forced to close the dining rooms of the restaurants during the COVID-19 pandemic.
Earth Fare faces lawsuit by employees
- RetailA Florida and a Tennessee employee of Earth Fare BB #:168468 are suing the retailer for …