Thursday, February 17, 2011

Debt? That's Amore! (Musical Tribute)

Giordano's to continue operating despite bankruptcy filing

Giordano's is the latest big Chicago restaurant chain to declare bankruptcy in the last 14 months. Boston Blackie's filed for Chapter 11 protection in December 2009. It initially kept the burger joints open, but many later closed.

In January 2010, the parent company of pizzeria chain Uno Chicago Grill filed for Chapter 11 bankruptcy. It emerged in July with a plan to cut its debt from $176.3 million to about $40 million.

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2 comments:

  1. AnonymousFebruary 18, 2011 at 6:15 AM

    Wow--back in the day--when Jerry talked to Dean :)

    ReplyDelete
  2. Stagflationary MarkFebruary 18, 2011 at 3:35 PM

    Anonymous,

    It made me feel real old when I realized that Dean Martin died 16 years ago!

    ReplyDelete