Sbarro Has 31 Potential Bidders For Bankruptcy Auction

Law360, New York (April 7, 2014, 3:21 PM EDT) -- Bankrupt pizza chain Sbarro LLC has received interest from more than 30 potential bidders at an auction scheduled for later this month, according to a Friday filing in New York federal court.

Adam Keil, a managing director at investment bank Moelis & Co. who is representing the Melville, N.Y., company, said that 114 parties had requested executive summary materials after its Chapter 11 filing last month, more than a quarter of which have returned materials indicating they may enter bids prior to the April 14 deadline....
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