March 7 at 9:43 a.m.
Filed under:
Bankruptcy
By Becky Yerak
A Giordano's at 1040 W. Belmont. (Brian Cassella/Chicago Tribune)
Giordano’s, the Chicago-based pizza chain that filed for bankruptcy last month, has hired the restructuring firm headed by Democratic party stalwart William Brandt.
On Wednesday, U.S. Bankruptcy Judge Eugene Wedoff will be asked to approve an agreement between Giordano’s Enterprises Inc. and Chicago-based Development Specialists Inc. (DSI)
Giordano’s and 32 affiliated companies filed for Chapter 11 bankruptcy on Feb. 17. Get the full story »
Feb. 18 at 4:16 p.m.
Filed under:
Bankruptcy,
Updated
A Giordano's at 1040 W. Belmont on Feb. 18, 2011. (Brian Cassella/Chicago Tribune)
By Alejandra Cancino and Becky Yerak | It wasn’t the pizza, it was the real estate.
That’s what attorney Michael Gesas, who represents the Apostolou family businesses, said Friday while explaining the reasons prominent Chicago pizza chain Giordano’s filed for bankruptcy reorganization on Wednesday. The Apostolou family owns Giordano’s.
Giordano’s filing was prompted, Gesas said, when the Apostolou family defaulted on loans on their real estate business, Randolph Partners LLC. Get the full story »
