DragonFire, Inc. Running Out of Breath as it Files Chapter 11
DragonFire, Inc. filed a voluntary petition for Chapter 11 bankruptcy in October 25th, 2013. The petition was filed in the United States Bankruptcy Court for the Western District of Pennsylvania and has been assigned case number 2:13-bk-24517. Debtor’s Disclosure Statement, Balance Sheet, Declaration of Schedules, and other documents were due by November 8th, 2013. For a complete list of the documents due please refer to the document summary.
Debtor is the corporate entity for DragonFire Japanese Steakhouse and Sushi Bar located at 1500 Washington Rd. in the Gallery Mall in Mt. Lebanon, Pennsylvania. As the name suggests, DragonFire specializes in hibachi and sushi. For those unfamiliar with hibachi, it is a rectangular Japanese style barbecue grill. Customers often sit at a counter that spans three sides of the grill. The chef stands at the fourth side and prepares the meal (which typically consists of fried rice, vegetables, and various meats) with much fanfare. DragonFire also boasts a robata grill, a traditional Japanese slow grilling method. For more information about DragonFire, you can visit their website here.
Debtor has declared between $50k and $100k in assets with between $500k and $1 million in liabilities with approximately 20 creditors listed in the petition. Debtor is represented by Donald R. Calaiaro of Calaiaro & Corbett, P.C.
Posted on January 29, 2014, in Chapter 11 Debtors, New Chapter 11 Filings, PA Chapter 11 Debtors, Pittsburgh, restaurant industry, small business debtor cases, turnarounds and tagged bankruptcy, chapter 11, Chapter 11 Title 11 United States Code, commercial bankruptcy, food, Hibachi, Justin A. Saporito, kraemer, lebanon, mazur, mazurkraemer, mount, Mt. Lebanon, ohio, pennsylvania, pittsburgh, reorganization, restaurant, restructuring, salene, Sushi, United States bankruptcy court, valley, west virginia. Bookmark the permalink. Leave a comment.