March 06, 2012
The Chapter 11 trustee for bankrupt pizza chain Giordano's Enterprises Inc. sued the sons of the chain's owners Tuesday in Illinois bankruptcy court, saying they improperly purchased two restaurants from their parents in a "sweetheart deal," depriving the company's creditors of $5 million.
October 24, 2011
The former owner of the bankrupt Giordano's pizza chain on Monday filed an objection to the Chapter 11 trustee's liquidation plan in Illinois, saying a proposed asset sale won't garner the highest bid possible for unsecured creditors.
October 20, 2011
A stalking horse bidder has agreed to pay $26 million for Giordano's Enterprises Inc.'s restaurant assets, the Chapter 11 trustee for the bankrupt Chicago pizzeria chain said Thursday.
August 15, 2011
Fifth Third Bank, lender to the bankrupt Chicago pizzeria chain Giordano's Enterprises Inc., on Monday asked an Illinois bankruptcy court to sanction the restaurant's owners for trying to block the bank from bidding in any potential asset sale.