Piccadilly CEO says chain's not leaving Memphis despite bankrup...

09/14/12

Piccadilly CEO says chain's not leaving Memphis despite bankruptcy filing
Memphis Commercial Appeal
Piccadilly filed for Chapter 11 protection Tuesday in Lafayette, La. The company blamed "an aggressive legal maneuver" by lender Atalaya Capital Management for forcing its hand. Atalaya recently filed suit to recover nearly $26 million that it claimed ...