Chapter 11

Chapter 11

Perkins & Marie Callender's LLC close 29 locations and file for bankruptcy

A day after closing 29 restaurant locations, Perkins & Marie Callender’s LLC filed for Chapter 11 bankruptcy protection Monday, the company said in a statement.   The Memphis, Tennessee-based company said Monday it plans to sell its Perkins’ business and a segment of its Foxtail bakery business, which supplies to its restaurants and distributors to “Perkins Group LLC.”  This is …

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Restaurant to stay open amidst bankruptcy filing

One of Raleigh’s most prolific restaurateurs has filed for Chapter 11 bankruptcy protection, according to court filings, but said his restaurants will remain open.   Gaurav “G” Patel, owner of Eschelon Experiences, filed for bankruptcy this week in North Carolina’s Eastern District, citing liabilities of $2.57 million and assets of $1.1 million, according to court …

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