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Cici s Holdings files for Chapter 11 bankruptcy protection | Nation s Restaurant News

Parent of pizza buffet chain to be purchased by real estate firm D & G Investors Cici’s Holdings Inc., which operates and franchises the Cici’s Pizza buffet chain, and affiliated companies have filed for Chapter 11 bankruptcy protection which involves the company’s sale to real estate company D & G Investors LLC. In Jan. 25 filings in the United States Bankruptcy Court for the Northern District of Texas, Cici’s said the company owned 12 Cicis Pizza locations and franchised approximately 306 others to 128 franchisees. It said the chain’s wide variety of pizza, pasta and salad bar offerings made it a popular venue for large family and other gatherings.

Real Estate Developer Charged With Concealing Assets

NRA Declares Bankruptcy

NRA Declares Bankruptcy (Shutterstock.com photo) January 22, 2021 By G&A Staff As has been reported, America’s oldest gun rights organization, the National Rifle Association (NRA) is in the midst of unprecedented legal and financial turmoil. With pending lawsuits against the NRA in New York and Washington, D.C., litigation expenses are adding up. The company, chartered in New York since November 17, 1871, filed for Chapter 11 Bankruptcy in the United States Bankruptcy Court for the Northern District of Texas on January 15, 2021. The announcement was made by a letter from CEO Wayne LaPierre to the NRA’s 76-member Board of Directors, and the news spread quickly.

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