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Macaroni Grill Owner Hits Ch. 11 With Deal To Reorganize

Law360, Wilmington (October 18, 2017, 6:03 PM EDT) -- The owner of Romano’s Macaroni Grill casual restaurant chain filed for Chapter 11 protection in Delaware on Wednesday with a support agreement from its largest creditors in hand that aims to reorganize the company as a going concern and slash some of its roughly $30 million in secured debt.

In papers filed in the Delaware bankruptcy court, Romano’s Macaroni Grill parent Mac Acquisition LLC, along with several affiliates that also sought Chapter 11 protection, said it has garnered the support of its top creditors Bank of...
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