Judge Hands Buca Di Beppo $11M Lifeline In Ch. 11

By Emlyn Cameron · August 7, 2024, 6:28 PM EDT

A Texas bankruptcy judge on Wednesday approved Italian restaurant chain Buca di Beppo to accept debtor-in-possession financing totaling $10.85 million on an interim basis, saying the combination of new money and...

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Bankruptcy Scorecard

Summary

Buca di Beppo, a national Italian dinning chain, filed for bankruptcy with plans to sell itself at a Chapter 11 auction backed by a stalking horse offer from its longtime lender and secured creditor Main Street Capital.

Case Number

24-bk-80063

Judge

Stacey G. Jernigan

Venue

U.S. Bankruptcy Court for the Northern District of Texas

Capital Structure

Total Liabilities:

$10 million to $50 million

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