Perkins restaurant suddenly closes in Janesville; parent company filing for bankruptcy
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JANESVILLE, Wis. – The Janesville Perkins restaurant is closing.
A sign was posted on the door of the restaurant on Monday morning.
Rumors are true – as of this morning, Perkins on Milton Ave. in Janesville is permanently closed.
Director of Economic Development for Janesvile, Gale Price, said the city received no warning that this would happen, and that he believes 50-80 people are now out of work. # News3Now pic.twitter.com/z9Gz52I2DM
– Adam Duxter (@ News3Adam) August 5, 2019
Perkins & Marie Callender's LLC, the company that owns the restaurant chain, has sought Chapter 11 protection against creditors in Delaware. The company now owns its lenders more than $ 100 million, according to Bloomberg.
This is the second bankruptcy filing for the chain, which cleared its last court case in 2011.
According to Bloomberg, Perkins & Marie Callenders own and operate more than 400 restaurants, most of them Perkins, in the United States, Canada and Mexico.
Perkins of Janesville is located at 3315 Milton Avenue.
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