Law360, Wilmington (June 27, 2012, 8:21 PM ET) -- Buffets Restaurants Holdings Inc. is set to finish its second helping of bankruptcy after a Delaware judge confirmed a Chapter 11 plan Wednesday that will transfer all the equity in the reorganized chain to its senior lenders.
Minnesota-based Buffets — owner of nearly 500 buffet-style restaurants, including the Old Country Buffet chain — entered court protection in January with a prepackaged plan, less than three years after exiting a previous trip through bankruptcy.
Buffets filed a revised plan in April after the official committee of unsecured...
Judge Approves Buffets Restaurants' Ch. 11 Plan
To view the full article, take a free trial now.
