Katz's Deli Bankruptcy Filing Could Be Dismissed
M & M Katz Inc, the organization behind Katz's Deli, filed for Chapter 11 bankruptcy earlier this year, but has been many thousands of dollars behind on paying taxes since then. Thus, the state comptroller, state attorney general and Texas Workforce Commission jointly moved to dismiss the bankruptcy filing yesterday. If the filing is dismissed (or switched to Chapter 7 status), the landlord for their 6th Street location would be able to kick the business out. [Austin Business Journal]
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