date:Mar 11, 2014
ffiliates filed for protection from creditorswith the U.S. Bankruptcy Court in Manhattan.
The company reported assets of $175.4 million andliabilities of $165.2 million. It plans to shed $140 million ofsecured debt in the reorganization. Advisers include Moelis Co, Loughlin Management and the law firm Kirkland Ellis.
Sbarro previously filed for bankruptcy protection in April2011, and emerged from Chapter 11 the following November.
The board and senior management team are committed toensurin