The Tavern Bar & Tacos, LLC has entered into a Chapter 11 bankruptcy process. The Tex-Mex restaurant and bar’s latest move is aimed at restructuring its debts. Operations are expected to continue while the business proceeds as a “small business debtor” in the bankruptcy.
The Tavern Bar & Tacos, LLC Seeks Bankruptcy Protection
The Tavern Bar & Tacos, LLC made a voluntary Chapter 11 filing on February 26, the latest case details available on PACER state. The Orlando restaurant and bar’s proceedings are taking place in the U.S. Bankruptcy Court for the Middle District of Florida.
Court documents classify the company as a small business debtor under federal bankruptcy law. In addition, it has chosen to move ahead under Subchapter V of Chapter 11.
Company Background…