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Steak Escape, Johnny Rockets franchisee files for Ch. 11

GREENWOOD VILLAGE Colo. David Giesen, a franchisee within the Steak Escape and Johnny Rockets systems, on Monday filed for Chapter 11 bankruptcy protection.

The operating companies Giesen Restaurant Enterprises LLC and Rocket Restaurant Ventures LLC filed to restructure debt, which tallied between $1 million and $10 million, according to filings with the U.S. Bankruptcy Court in Denver. The company estimated its assets at less than $100,000.


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