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Roadhouse Holding Ready to Exit Chapter 11

Submitted by ckanon@abi.org on
Roadhouse Holding Inc. said in court papers that it is ready to emerge from the bankruptcy it launched in August with broad support from creditors for a restructuring plan that slashes debt and leaves it a leaner restaurant operator, Reuters reported today. The papers were filed ahead of a hearing in the U.S. Bankruptcy Court in Delaware on Wednesday at which Roadhouse, which operates the Logan's Roadhouse steakhouse chain, will seek approval for its restructuring plan.