California Pizza Kitchen Bankruptcy. California pizza kitchen filed for chapter 11 bankruptcy on thursday. Ceo jim hyatt said in a statement that declaring bankruptcy now will create a stronger future for california pizza kitchen.
$220 million in debt eliminated in restructuring. Lenders now hold most of equity; Bankruptcy court for the southern district of texas, saying in a press release that the move will. Chapter 11 bankruptcy protection for california pizza kitchen? On thursday, the company announced that it has filed for chapter 11 protection in the u.s.
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California pizza kitchen executives are hoping that a new financial restructuring agreement will help the company recover from losses caused by the coronavirus pandemic in recent months. Ceo jim hyatt said in a statement that the company has entered into a restructuring agreement, which will include a commitment for $46.8. Ceo jim hyatt said in a statement that declaring bankruptcy now will create a stronger future for california pizza kitchen. On july 29, 2020, california pizza kitchen, inc. Home to the original bbq chicken pizza!. Lenders now hold most of equity; Was founded in 1985, it has participated in 1 round of funding. Popular pizza outlet, california pizza kitchen, recently filed for bankruptcy amid losses recorded due to the widespread novel coronavirus pandemic. The causal dining restaurant chain announced on thursday that it has filed for voluntary chapter 11 protection in the u.s. California pizza kitchen is the latest fast casual chain to file for bankruptcy as the pandemic and its debt burden hampers its operations. California pizza kitchen, los angeles, california.
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