March 08, 2018
A man who led Boston's square-bagel restaurant chain the two years before it filed for Chapter 11 insisted Wednesday that a bankruptcy judge in Massachusetts has the authority to — and should — order the company to prioritize his severance pay ahead of many other debts.
May 15, 2017
A reorganized Cosi Inc. on Monday filed notice in Massachusetts bankruptcy court, saying that Chief U.S. Bankruptcy Judge Melvin S. Hoffman has confirmed the fast casual restaurant chain's amended Chapter 11 reorganization and that the plan is now in effect.
April 24, 2017
Fast casual restaurant chain Cosi Inc. on Monday, amid a flurry of case filings, offered a Massachusetts bankruptcy court a proposed order for its Chapter 11 reorganization, while Cosi's successful stalking horse bidder sought to nix claims brought by a former executive, saying they were filed too late.
April 21, 2017
Fast-casual restaurant chain Cosi Inc. filed an objection Thursday in Massachusetts bankruptcy court to more than $2.3 million in claims by equity shareholders, while a former executive asked the court to deny the debtor's assumption of his noncompete agreement.
March 24, 2017
Bankrupt fast-casual restaurant chain Cosi Inc. filed a new Chapter 11 reorganization plan backed by its official committee of unsecured creditors on Thursday in Massachusetts bankruptcy court.
February 17, 2017
A Massachusetts bankruptcy judge on Friday entered an order giving fast-casual restaurant chain Cosi Inc. permission to use cash collateral in its Chapter 11 bankruptcy case for another two months, ruling that spending the cash is in the best interest of Cosi's estate.
February 07, 2017
In the midst of bankruptcy proceedings, Cosi Inc. has settled a dispute with a franchisee over its ability to fulfill a stalking horse bid without paying fees allegedly due to the franchisee, according to court documents filed Monday in Massachusetts.
December 08, 2016
A Massachusetts bankruptcy judge on Thursday approved Cosi Inc.'s bid to hire DLA Piper to represent the casual dining chain in a dispute with a franchisee, and also gave the company approval to spend a bankruptcy loan upped to $4.53 million.
October 20, 2016
Unsecured creditors of Cosi Inc. are challenging the company’s $4.1 million bankruptcy loan, saying Wednesday in a Massachusetts court filing that the financing carries unreasonably tight deadlines that will result in a “truncated” auction of the business that favors the restaurant chain’s secured lenders.
October 11, 2016
A U.S. Trustee on Friday cried foul over Cosi Inc.’s recent request to hire The O'Connor Group as its financial consultant, telling a Massachusetts bankruptcy court that as the restaurant chain’s former interim co-CFOs lead the firm, they cannot possibly be disinterested parties.