Perkins & Marie Callender's Emerges from Chapter 11

Published on Friday, December 02, 2011
Written by The Editors

Company emerges with significantly improved balance sheet

Perkins & Marie Callender's completed its restructuring and emerged from Chapter 11 bankruptcy. The restructuring eliminated more than $200 million in debt.

Private investment funds managed by Wayzata Investment Partners LLC are the majority stockholders in the company. Joseph F. Trungale served as CEO and a member of the bard since 2005 will continue to serve as CEO and chairman of the new board of managers.

Perkins & Marie Callender's and eleven of its subsidiaries and affiliates filed for Chapter 11 protection on June 13, 2011.

|

2012 Best In Class Winners
See who FE&S readers named this year’s Best In Class winners. Manufacturers were evaluated for product quality, product value, product design and aesthetics, service and support, sales reps, product inventory and available product information. Click here to see the complete results.

ACityDiscount Restaurant Equipment specializes in new and used commercial kitchen equipment, grease hoods, commercial ice machines..

FESMag Event Calendar