February 10, 2012
Real Mex Restaurants Inc. won a Delaware bankruptcy court's blessing Friday to sell its 178-restaurant chain and other assets to noteholders including private equity investors for $126 million in cash and credit, despite objections from unsecured creditors.
February 09, 2012
Real Mex Restaurants Inc.'s unsecured creditors on Wednesday attacked the bankrupt company's motion to approve an asset sale to a group of noteholders including private equity investors, saying the noteholders' conduct will deprive them of any recovery.
January 30, 2012
A Delaware bankruptcy judge on Monday approved the appointment of a consumer privacy ombudsman in Real Mex Restaurants Inc.'s Chapter 11 case following U.S. trustee objections over the sale of company assets on privacy grounds.
January 19, 2012
A bankruptcy settlement proposed by Real Mex Restaurants Inc. doesn't do enough to protect consumers' private information, the U.S. trustee assigned to the case said Wednesday.
November 04, 2011
Bankrupt Real Mex Restaurants Inc. won tentative court approval Friday to auction off its assets, despite bitter opposition from unsecured creditors that claim the fast-track sale plan was dictated by noteholders hoping to snap up the company.