February 28, 2014
Bankrupt F&H Acquisition Corp., parent of the Fox & Hound and Champps restaurant chains, won approval Friday for a $125 million sale to junior lenders led by Cerberus Business Finance LLC, after a Delaware bankruptcy judge overruled an objection to a settlement underpinning the deal.
February 26, 2014
A U.S. bankruptcy trustee challenged F&H Acquisition Corp.'s proposed plan to skip an auction and sell its three restaurant chains directly to junior lenders led by Cerberus Business Finance LLC for about $125 million, contending Tuesday that the plan should receive "extra scrutiny."