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.