After about six months in bankruptcy, Daphne’s Greek Café said Monday it will emerge from Chapter 11 through a sale to a holding company formed by banking firm Trefethen Advisors LLC. Daphne’s San Diego-based parent Fili Enterprises Inc. filed for Chapter 11 in January, and chief executive George Katakalidis promised at the time the bankruptcy would be short. As part of the sale agreement announced Monday, which is still subject to court approval, Katakalidis will step ...
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Contact: Desiree Torres Desiree.Torres@penton.com