restaurants

Capitol Hill Restaurants’ Former Owners Owed Millions

04/02/14

Investors who own the storied Hawk ‘n’ Dove bar and other Capitol Hill eating spots owe more than $9 million to D.C. restaurateur Xavier Cervera and his partners who sold the restaurants to them in late 2012.

During a hearing held Wednesday afternoon at the Washington, D.C., bankruptcy court, lawyers for restaurant owner Barrack’s Row Entertainment said Chapter 11 would protect the company while its leaders negotiate to lower the debt owed to the former owners.

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Capitol Hill Restaurants’ Former Owners Owed Millions

04/02/14

Investors who own the storied Hawk ‘n’ Dove bar and other Capitol Hill eating spots owe more than $9 million to D.C. restaurateur Xavier Cervera and his partners who sold the restaurants to them in late 2012.

During a hearing held Wednesday afternoon at the Washington, D.C., bankruptcy court, lawyers for restaurant owner Barrack’s Row Entertainment said Chapter 11 would protect the company while its leaders negotiate to lower the debt owed to the former owners.

[more]

Garcia’s, Garfield’s Restaurants Tell Workers About Bankruptcy

02/01/13

Two national restaurant chains that quietly filed for bankruptcy and tried to keep the news from their 1,400 employees caught the attention of a federal court watchdog, which has growled out an order to notify them.

A representative from the U.S. Trustee’s Office instructed the owners of—drumroll, please—the Garcia’s and Garfield’s restaurant chains to notify creditors, including many employees, that the chain’s two holding companies had filed for Chapter 11 protection on the Friday before New Year’s Eve.

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Secret Restaurant Chain Files for Bankruptcy

01/10/13

Could a restaurant chain that has more than 1,400 employees and hundreds of creditors hide its bankruptcy from them?

Twelve days into the bankruptcy reorganization cases of Fiesta Holdings Inc. and Eateries Inc.—two companies that “operate a chain of restaurants in 20 states across the nation,” according to court filings—those companies have yet to reveal the names of their restaurants in hundreds of papers they have filed to the U.S. Bankruptcy Court in Oklahoma City.

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The Broke and the Beautiful: Lenny Dykstra Edition

03/09/12

This week on The Broke and the Beautiful, Lenny Dykstra gets prison time and the owners of the New York Mets must pay up. Also, a judge wants the Los Angeles Dodgers and Bryan Stow to settle their dispute.

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