In an effort to pay off more than $114 million owed to senior lenders, the corporate parent of the Marie Callender’s and Perkins restaurant chains is closing stores and putting the operation up for sale in bankruptcy. Before filing for protection from creditors, it closed 11 Perkins and 21 Marie Callender’s restaurants. The bankruptcy timeline calls for bidding in September, with deals to close within 75 days of filing.
If you are considering filing for bankruptcy, call our law office at 816-524-4949 or visit our website at Hoorfarlaw.com