Uno Restaurant Holdings Corp. said it emerged from Chapter 11 bankruptcy Monday, completing a six-month restructuring process.
The Boston-based pizzeria chain received approval from the federal bankruptcy court of the Southern District of New York for its reorganization plan on July 6. Uno Restaurant filed for Chapter 11 bankruptcy in January, citing a downturn in consumer spending and higher costs.
“Today’s successful emergence from Chapter 11 completes the restructuring process in just six months, and allows us to turn our full attention to the growth and development of the Uno brands,” said Frank Guidara, CEO and president of the company. Get the full story »