Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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May 29, 2013

PRM FAMILY HOLDING COMPANY, LLC Files For Chapter 11

  • Debtor Name:  PRM FAMILY HOLDING COMPANY, LLC
  • Year Filed:  2013
  • Jurisdiction:  United States Bankruptcy Court / District of Arizona
  • Asset Size:  Less than 10,000,000
  • Case Number:  13-09026
  • Industry:  Food & Beverage, Retail

The Phoenix, Arizona-based Debtor is represented by Mesch, Clark & Rothschild, PC.

The Debtor and affiliates operate grocery stores in Arizona, Texas and New Mexico.   According to court documents, the Debtors attribute the Chapter 11 filing to the decline of the US economy; the loss of construction jobs; the "adverse, negative, and chilling effect of the perception in the State of Arizona towards immigrants and Hispanics including the passage of SB 1070"; increased competition; an immigration audit and banking issues.

 

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