Bankruptcy Reorganization Chapter 11

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Bankruptcy Reorganization Chapter 11

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June 17, 2014

S.B. Restaurant Co. DBA Elephant Bar Restaurant Files Chapter 11

  • Debtor Name:  S.B. Restaurant Co.
  • Year Filed:  2014
  • Jurisdiction:  United States Bankruptcy Court / Central District of California
  • Asset Size:  10,000,000 to 100,000,000
  • Case Number:  14-13778
  • Industry:  Restaurant, Food & Beverage

DBA Elephant Bar Restaurant

The Costa Mesa, CA-based restaurant company is represented by Pachulski Stang Ziehl & Jones LLP as counsel.   Employing approximately 2500 people, the Debtors operate restaurants in
California, Arizona, Colorado, Florida, Nevada, New Mexico, and Missouri.  The Debtor attributes the Chapter 11 filing to an over-leveraged balance sheet, difficult competition and reduced discretionary spending by the consumer.

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