Sbarro's Bankruptcy Case Ends After 1 Year

Law360, New York (June 21, 2012, 4:48 PM EDT) -- Bringing an end to a yearlong stint in New York bankruptcy court, a judge on Thursday closed Sbarro Inc.'s Chapter 11 case following her November confirmation of the pizza chain's restructuring plan, which handed the company to senior lenders owed about $176 million.

U.S. Bankruptcy Judge Shelley C. Chapman granted the former debtor's application for a final decree closing its Chapter 11 case following a short hearing Thursday, during which counsel for the debtor explained that one informal response had been filed by the prepetition first-lien...
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