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Casa Bonita Is Open — for Free Tours, at Least

Casa Bonita Is Open — for Free Tours, at Least
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Group working to save Casa Bonita buys some of the restaurant s debt

Group working to save Casa Bonita buys some of the restaurant’s debt DENVER, Colo. (KRDO) The group Save Casa Bonita bought up a portion of the restaurant s debt in an effort to save the restaurant from closing for good. In April, Casa Bonita filed for Chapter 11 Bankruptcy, which allows companies the chance to propose a plan of reorganization to keep their business alive and pay creditors over time. The group, which originally began fundraising in April after the bankruptcy was announced, has so far raised more than $64,000 out of a $100,000 goal. Andrew Novick, with Save Casa Bonita, LLC, told 9News the group purchased a portion of Casa Bonita’s debt to help pay entertainers and small vendors.

Casa Bonita fans purchase some of restaurant s debt

Casa Bonita super fans purchase some of restaurant s debt Save Case Bonita, LLC wanted to help some small vendors who are owed money, so the group bought the debt. Author: Erin Powell Updated: 9:38 PM MDT June 8, 2021 DENVER Diehard Casa Bonita fans started rallying around the iconic Lakewood restaurant months ago when owners filed for Chapter 11 bankruptcy – a process that allows a debtor to reorganize and pay creditors over time. Those fans are now putting their money where their mouths are. Andrew Novick, with Save Casa Bonita, LLC, said the group has purchased a portion of Casa Bonita’s debt as a plan to help entertainers and small vendors get what they are owed.

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