TAMPA Fla. Sam Seltzerâ€™s Steakhouses of America Inc. filed for Chapter 11 bankruptcy protection on Friday, obtaining a $1 million credit line to support it during its restructuring. The nine-unit operator said in filings that it was forced to seek protection from creditors by debt from a previous expansion and the consumer fallout from weak economic conditions and the rise in fuel costs. In 2005, the steakhouse chain had announced aggressive expansion plans to grow to 30 units and ...
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