The U.S. Bankruptcy Court entered an order approving privately-held Garden Fresh Restaurant Holdings’ motion to effectuate the dismissal of the Chapter 11 cases and approving procedures related thereto.
According to documents filed with the Court, “The Debtors have liquidated substantially all of their assets, terminated any remaining business operations, and there is no reasonable likelihood of rehabilitation.” This restaurant chain operator, n/k/a Fresh-G Restaurant Intermediate Holding, filed for Chapter 11 protection on October 3, 2016, listing more than $100 million in pre-petition assets.
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