Village Inn, Bakers Square parent files for bankruptcy

DENVER Vicorp Restaurants Inc., parent of the venerable Village Inn and Bakers Square family-dining brands, said Thursday that it has filed for Chapter 11 protection from its creditors and has closed 56 underperforming restaurants across the country.

The privately held, Denver-based company said it would continue operating with the assistance of $60 million in financing from prepetition lenders. The operator and franchisor also is using its cash flow to maintain

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish