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Santa Fe Cattle Co. closes restaurants in bankruptcy reorganization plan

Santa Fe Cattle Co. closed three of its restaurants recently, including one in Tuscaloosa. The restaurant  chain, which is known for its  Southwestern food, filed for Chapter 11 bankruptcy in July.

The plan to close some of its restaurants is part of the company’s bankruptcy reorganization. According to trial records, the chain reported 2008 revenues of $55 million and 2009 forecasted revenues of $60 million.

If your company is considering filing for Chapter 11 bankruptcy, contact the Birmingham bankruptcy lawyer Paula Greenway at (205) 324-4000.

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