Max & Erma’s, a 106-unit casual-dining chain in the Midwest, has filed for Chapter 11 bankruptcy protection to restructure its debt, part of which is guaranteed by sister company Damon’s Grill, a 50-unit barbeque chain. A deal to get Max & Erma’s through Chapter 11 could include a refinancing of about $16 million in debt, which officials said could be done as early as this week, or a plan to restructure through the sale of corporate restaurants to franchisees, which ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?