Regional jeweler Christian Bernard filed for Chapter 7 bankruptcy the day after Christmas. The company began its bankruptcy investigations prior to the holiday, and the filing says the chainlet's 15 stores "appear to be unsustainable."
chapter 7: December 2008 Archives
KiS Golf, which operated indoor golf facilities in six states, converted from Chapter 11 to Chapter 7 bankruptcy this week and is liquidating assets. The shift in plans surprised many people, including irate customers with pricy membership plans.
San Diego restaurant chainlet Boll Weevil closed all six company-owned locations and is filing for bankruptcy. The company, which dates to 1967, once had 19 restaurants. Boll Weevil had a history of financial trouble, including two previous bankruptcy filings and an insurance incident in 1997 that temporarily closed a dozen doors. This is the last go-round, however; the company plans a liquidation under Chapter 7 law.
