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Centennial Beverage Group has filed for chapter 11 protection saying that it owes more than $10 million to lenders, the Fort Worth (Texas) Star-Telegram reported today. Debtor attorney Robert D. Albergotti of Haynes and Boone said that Centennial would restructure without the need of traditional debtor-in-possession borrowing, saying that the company had sufficient cash flow to see it through the closing of some stores and operating the remaining retail outlets. The number and location of stores to be closed have not yet been decided, Albergotti said. Centennial expanded in 2011 by acquiring the Majestic stores out of bankruptcy.

Interfaith Medical Center, based in A Brooklyn, N.Y., has filed for chapter 11 protection listing the federal and state governments and several malpractice plaintiffs among its largest creditors, the New York Times reported yesterday. Interfaith lists the State Dormitory Authority as its single-largest creditor, with more than $130 million in secured and unsecured claims, according to court papers filed on Sunday. The court papers also list six malpractice settlements and one malpractice jury verdict ranging from $1.3 million to $7 million among its largest unsecured claims, along with a pension fund for nurses and a union benefit fund for Local 1199 SEIU, the health care workers’ union.

Pipeline Data Inc., a provider of payment-processing services for merchants, filed for chapter 11 protection yesterday, Bloomberg News reported. The company listed assets of less than $10 million and debt of $50 million to $100 million in its chapter 11 documents filed yesterday. Pipeline Data, through its subsidiaries, provides payment- processing services to small and midsize retailers that operate in physical "brick-and-mortar" stores or over the Internet, according to its website. Cynergy Data LLC is listed as the Brasher Falls, New York- based company’s largest creditor without collateral backing its claims. Cynergy is owed $1.6 million, according to court papers.

AMF Bowling Worldwide Inc., the world's largest bowling alley operator, filed for bankruptcy protection for the second time in 12 years saying that recent economic weakness has cost it business and left it with an unmanageable debt burden, Reuters reported yesterday. The Mechanicsville, Va.-based company said that it has agreed on a plan to significantly reduce its debt and turn over control to its lenders, enabling it to emerge from chapter 11 before the end of April 2013. AMF and 15 affiliates sought protection from creditors saying that the company had between $100 million and $500 million of both assets and liabilities.

Debt-laden Overseas Shipholding Group Inc., the world's No. 2 independent tanker operator by fleet size, filed for chapter 11 protection, Reuters reported today. The company, which has been struggling to plug a $300 million shortfall in its $1.5 billion fully drawn revolving credit facility, warned last month that it may have to seek bankruptcy protection. It had also said at that time that it may have to re-state results for at least three years due to a tax issue.

With a market abundance of ethanol that has kept the fuel additive's price low and led Congress to stop encouraging production with a tax credit, Indiana-based ethanol producer New Energy Corp. has filed for chapter 11 protection to sell its 70-acre plant outside South Bend, Dow Jones DBR Small Cap reported today. New Energy executives placed its operations in bankruptcy last week as part of the sale demanded by its top lender, the U.S. Department of Energy , which is owed $33.3 million on a loan that it first extended in 1997.

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Omtron USA, which owns defunct North Carolina poultry processor Townsends Inc., filed for chapter 11 protection on Friday, the second poultry producer to do so in as many months, Dow Jones DBR Small Cap reported today. The subsidiary of Ukrainian egg and egg-product producer Agroholding Avangard, Omtron USA purchased Townsend's North Carolina plants out of bankruptcy in February 2011 for $24.9 million. Townsend had filed for chapter 11 bankruptcy in December 2010, blaming the high cost of feed in 2008 that had continued to suppress profitability.

The Securities and Exchange Commission is investigating a Los Angeles money manager over accusations of improper trading practices, the New York Times DealBook blog reported yesterday. The news of the investigation of Peter J. Eichler Jr., the money manager, came as his firm, Aletheia Research and Management, filed for chapter 11 protection on Sunday after a wave of client withdrawals amid weak performance and regulatory issues. Aletheia, which at its peak managed about $8 billion, has drawn attention for its role in a number of shareholder fights, including a prominent battle with Barnes & Noble that it waged alongside the billionaire investor Ronald W. Burkle. The firm primarily manages stock portfolios for pension funds, foundations and wealthy families. Its strong investment performance -- Aletheia's flagship growth strategy has substantially outperformed the Standard & Poor's 500-stock index over the lpast decade -- has attracted marquee clients including Michigan's state pension fund and the Ewing Marion Kauffman Foundation in Kansas City, Mo. The brokerage units of Goldman Sachs and Morgan Stanley have also invested clients' money in Aletheia's funds.

Metex Manufacturing Corp., formerly known as Kentile Floors Inc., filed for bankruptcy protection for the second time since 1992 to cope with asbestos product-liability claims, Bloomberg News reported on Friday. The company, which manages two industrial facilities in New Jersey, listed assets and debt of more than $100 million each in chapter 11 documents filed on Friday. Metex faces about about 6,000 active asbestos claims tied to Kentile, according to court papers.

U.S. consulting and advisory firm Monitor Company Group and its affiliates filed for chapter 11 protection, court documents showed, and said that it has agreed to sell its assets to global consultancy firm Deloitte, Reuters reported yesterday. As per the asset purchase agreement, Deloitte Consulting LLP will acquire Monitor's U.S. practice, and practices outside the United States will be acquired by certain other member firms of Deloitte Touche Tohmatsu Limited. Monitor, which offers consulting services to corporations, governments, and social sector organizations, said that selling assets to Deloitte through the chapter 11 route was the best option. The company listed both estimated liabilities and estimated assets for the consolidated group in the range of $100 million to $500 million, according to a court filing.