Austin Perkins not among those being closed down; Parent company commences Chapter 11 bankruptcy
Published 8:03 am Thursday, August 8, 2019
With the news earlier this week that Perkins and Marie Callender’s have commenced Chapter 11 bankruptcy proceedings, diners in Austin will be happy to hear that Austin’s Perkins is not one of the restaurants slated for closing.
According to a press release issued by the company on Aug. 4, it was announced that 10 Perkins and 19 Marie Callender’s locations in underperforming areas we’re closing.
When reached for comment, the Austin Perkins management confirmed that it was not one of the locations affected by the closures. They declined to comment further.
On Monday, Perkins and Marie Callender’s LLC announced that it was looking to sell the company and initiated the bankruptcy proceedings to facilitate the sale.
By going forward with Chapter 11 restructuring, both Perkins and Marie Callender’s will be allowed to maintain the usual employee compensation and benefit programs, make payments for goods and services in the normal course and otherwise operate business as usual.
“Our intention moving forward is to minimize disruptions and ensure that the sale process is as seamless to guests, employees and vendors as possible,” said Jeff Warne, president and CEO of Perkins and Marie Callender’s, LLC.