Form N-CSRS CYPRESS CREEK PRIVATE For: Sep 30 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Texas Capital Bank Appoints David A Youngberg Jr to Serve as Chief Credit Officer streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
“The company intends to attempt to convert all of its assets into cash, satisfy or resolve its remaining liabilities and obligations, including contingent liabilities and claims and costs associated with the liquidation of the company, and then file a certificate of dissolution,” Luby’s said Wednesday
Assets to be sold include the operating divisions Luby’s Cafeterias, Fuddruckers and the company’s Culinary Contract Services business as well as the company’s real estate, the company said.
As of Nov. 24, Luby’s operated 84 restaurants, including five side-by-side Fuddruckers-Luby’s “combo” locations. Of the 79 real estate parcels, 47 are company-owned and 32 are leased.