Skip to main content

Judge Approves Sale of 28 Perkins Restaurants

Submitted by jhartgen@abi.org on

A bankruptcy judge gave his formal approval to the sale of 28 Perkins restaurants, including two local locations, at a hearing in Erie, Pa., this week, the Star Beacon reported. Judge Thomas Agresti signed off on Tuesday on an order that accepts the $7.8 million deal that will see a Pennsylvania company acquire acquire the assets of Unique Ventures Group, the prior owner, according to M. Colette Gibbons, an attorney who is serving as chapter 11 trustee for UVG. UVG, based in Meadville, Pa., filed for chapter 11 protection almost a year ago, and the assets were put on the auction block earlier this month. Three bidders emerged, with 5171 Campbells Land Co., of Monroeville, Pa., submitting the highest quote.