Pampas Palo Alto Files for Bankruptcy Protection

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Pampas Palo Alto LLC, the operator of a "modern" Brazilian churrasco restaurant located in the heart of downtown Palo Alto, California (just off of University Avenue at 529 Alma Street), voluntarily filed for chapter 11 protection on Monday in the Northern District of California bankruptcy court in San Jose. The restaurant, which gets four star reviews from reviewers on both Yelp and OpenTable, is majority-owned by co-proprietors Timothy and Masumi Reynders and features chefs Anna Marie Bayonito and Nicole Baverso and consulting executive pastry chef Marisa Churchill, according to the restaurant's website.

While bankruptcy court filings state that Pampas "is in serious financial condition and is unable to continue without debt relief," they are silent as to whether the restaurant plans to close. As of this evening, OpenTable was still accepting new reservations for the restaurant for tables this weekend. The company's chapter 11 petition lists both assets and liabilities between $1 and $10 million. Pampas Palo Alto is represented in the case by the law firm of Murray & Murray, P.C. of Cupertino, California.

Key court filings are listed in the attached document. For access to all major pleadings filed in this case, please visit

http://www.chapter11cases.com/Pampas-Palo-Alto-LLC_c_16727.html

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Randall Reese, Restructuring Concepts LLC | Attorney Advertising

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