Boston-based Uno Chicago Grill Files for Bankruptcy

Posted on January 20th, 2010 No Comments

On Monday, the Boston-based Uno Restaurant Holdings Corporation, owners of the Uno Chicago Grill restaurants, filed for bankruptcy after claiming losses of $22 million dollars in the 2009 fiscal year. The company claimed assets of $144.6 million versus liabilities of $171.8 million dollars.

The company released a statement saying that seventeen of it’s restaurants had been shut down prior to the bankruptcy filing, and more restaurants may be closed if favorable lease terms cannot be negotiated.

If you are a business owner and are considering filing for bankruptcy, contact the Boston bankruptcy lawyers of Joshua Spirn & Associates  at 800-975-5346 today.

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