LAKEWOOD, Colo. — A popular Colorado landmark has filed for bankruptcy amid the crippling COVID-19 crises. Casa Bonita has filed for Chapter 11 protection.
Summit Family Restaurants, the company that owns the Lakewood restaurant, filed for Chapter 11 protection in Arizona April 6, according to court documents obtained by Denver7.
The documents did not specify the exact amount of debt the company owes. However, the filing states that the company’s noncontingent liquated debts are below $7.5 million.
A Chapter 11 bankruptcy filing offers a business time to reorganize their debts, not necessarily close for good.
Casa Bonita has been closed during the pandemic, but recently announced that they would be reopening soon. No additional details were provided.
CASA BONITA: The definitive guide to Colorado’s world famous restaurant
Read more on the Casa Bonita bankruptcy filing on thedenverchannel.com.
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