Giordano’s Gets $26M Stalking Horse Bid For Restaurants

Law360, New York (October 20, 2011, 9:19 PM EDT) -- 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.

The bidder, Giordano’s Holding Co. LLC, is managed by the Italian Food Network LLC, a privately held company led by Ivan Matsunaga and Marc Stolfe, who both are deeply involved with another Chicago-area pizza chain, Connie’s Pizza, according to trustee Philip V. Martino.

"We are very pleased to have selected GHC as the stalking horse bidder for the...
To view the full article, register now.




Case Information

Case Title


Case Number



Illinois Northern

Nature of Suit

Date Filed

February 16, 2011

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.