RESTAURANT CHAINS LEANING TO CHAPTER 11.Byline: Brent Hopkins Staff Writer Two symbols of California cuisine For the local cuisine of California, see cuisine of California. California Cuisine is a style of cuisine marked by an interest in "fusion"— integrating disparate cooking styles and ingredients— and is freshly prepared using local ingredients. , Hamburger Hamlet and Koo Koo Roo, may be headed for Chapter 11 bankruptcy as early as next month. Irvine-based Prandium Inc., which also runs Mexican-food chain Chi- Chi's, is considering the filing to restructure its capital, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Robert Carl Robert Carl (b.1954) received his musical training at Yale, Penn, and the University of Chicago. He also studied in Paris during 1980-1 as a Lurcy Fellow at the Conservatoire Nationale Supérieure and the Sorbonne. , vice president of media and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most . Analysts said an excessive debt load forced the firm to contemplate the step, which had been coming for some time. ``I don't think they even have pocket money left,'' said Andy Harris of the James Beard Foundation The James Beard Foundation is a New York-based national professional non-profit organization named in honor of James Beard that serves to promote the culinary arts by honoring chefs, wine professionals, journalists, and cookbook authors at annual award ceremonies and providing . ``The outlook looks pretty grim. What they're left with is the weakest brands. They've sold the best ones, but they're really stumbling with Hamburger Hamlet and Koo Koo Roo.'' Prandium shed its El Torito The format developed by Phoenix Technologies and IBM that has become the standard for creating bootable CD-ROMs on the Intel platform. El Torito provides only the format. In order to make a CD-ROM bootable, the correct boot images must be placed on the disc, and the target computer must operations in 2000 and has been shopping its Hamburger Hamlet eateries since late last year. According to the Nation's Restaurant News, Prandium defaulted on its agreements with lender Foothill Capital Corp., which led the firm to consider bankruptcy. ``They'll remain operator of their restaurant chains The following is a list of restaurant chains. See also: Fast-food restaurant, Casual dining, List of reference tables. International
tr.v. pre·pack·aged, pre·pack·ag·ing, pre·pack·ag·es To wrap or package (a product) before marketing. Adj. 1. deal could see some further divestment of assets,'' said Richard Martin, the trade magazine's managing editor. ``I think that if it weren't for the debt load they've been carrying, they'd probably be OK.'' Carl disputed the magazine's claim, saying that the chain has no outstanding loans with Foothill, only a line of credit. ``This is not an issue of the company not being able to pay bills here and there,'' Carl said. ``It's an issue of capital structure dating back to the '80s.'' He also stressed that the proposed filing, still without an announced date, would not affect operations at Prandium's restaurants. ``The bottom line is that the brands are operating fine,'' he said. ``Morale with the staff seems pretty good, and it's business as usual. We're taking care of our guests and vendors, and the company is operating as a restaurant company should.'' Harris expects the filing to help Prandium's bottom line, but will rein in its expansion plan. Chi-Chi's and Hamburger Hamlet are likely to be sold off, he said. ``With Chapter 11, if they're able to get rid of the debt, you'll probably see Chi-Chi's and Hamburger Hamlet disappear,'' he said. ``Fundamentally, though, Koo Koo Roo is a very sound concept, one that appeals on all levels. It's the one plum left, so if they can clean things up, they should be able to emerge with that.'' CAPTION(S): photo Photo: Koo Koo Roo's owner is considering filing for Chapter 11 bankruptcy to restructure its capital. Tom Mendoza/Staff Photographer |
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