Restaurant Company Files for Bankruptcy
Posted on Oct 18, 2011 9:20pm PDT
The parent company of a restaurant has reportedly filed for Chapter 11 bankruptcy protection. Star Buffet Inc. has reportedly filed but will keep the businesses open and operating at this time. The company has been unable to pay $723,489 in regard to a judgment against the business. The business has reportedly listed assets at about $22.4 million and liabilities at $21.4 million.
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