Lone Star Steakhouses File for Bankruptcy Protect in California
Posted on Apr 29, 2010 9:05pm PDT
The owner of the five Lone Star Steakhouses in California has filed for Chapter 11 bankruptcy protection. As of now, it is unclear if any of the five restaurants are in danger of closing. According to bankruptcy documents that were filed, the steakhouse franchisee lists liabilities of $3.4 million.
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