Frequently Asked Questions for Papa Gino’s and D’Angelo Grilled Sandwiches Guests
In order to effectively and efficiently complete the proposed sale, the company on November 5, 2018 filed petitions for protection under Chapter 11 of the U.S. Bankruptcy Code.
This proceeding will ensure PGHC can maintain normal business operations at all of its restaurants with improved liquidity as it pursues the sale. As part of this sales process, and as is customary, PGHC will solicit competing offers to maximize its ultimate value. Under this process, the sale will require court approval.
Absolutely not! One hundred Papa Gino’s restaurants and 78 D’Angelo Grilled Sandwiches restaurants continue to operate and remain open for business. Additionally, the company is focused on identifying opportunities for growth to open even more restaurants when the time is right.