Piccadilly restaurant files for bankrupty protection

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Posted 4:07 PM 9/12/2012 : Piccadilly restaurant files for bankruptcy

BATON ROUGE- Baton Rouge-based Piccadilly Cafeterias filed for Chapter 11 bankruptcy protection.

The chain says it made the move after one of its lenders, Atalaya, sued to force the company into receiver-ship.

CEO Thomas Sandeman says, " Their action should it have been gone through... Read More

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