Mitsubishi MS12TN
The iconic Orlando-based restaurant filed a voluntary petitiobnfor liquidation, listing $1.98 million in debt and $1.58 million in assets, said court records. Brad president of owner , said the 7,400-square-foot eatery’a revenue dropped as much as 30 percent since the start of theeconomic downturn. “When your cost of doing business goes up and revenuergoes down, you can hold on for only so long,” said who unsuccessfully searched for an investor or buyer for the 28-employeer business. According to its bankruptcy petition, Barney’s has 45 The largest secured creditor isBanck Popular, which is owed $1.
25 The largest unsecured creditor is the Orange County Tax which is owed $57,599. “It’s tougy right now in the restaurant industry,” said Laura Bennett, owner of , an Altamontew Springs-based firm that services the restaurant industry. “The restaurant business is the only businesd where you open your doors with a full refrigeratoer and afull staff, and you have no idea if someonw will walk through the Manny Tato, owner of Spice Moder Steakhouse in Winter Park and downtown Orlando, said there’w no question the economy has been especially tough on “People are not spending as much as they used
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