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This is an accepted version of this page This is the latest accepted revision, reviewed on 6 November 2024. American businessman Allan Jones Born William Allan Jones, Jr. (1952-12-31) December 31, 1952 (age 71) Cleveland, Tennessee, US Education Cleveland High School Alma mater Middle Tennessee State University Occupation Businessman Spouse(s) Candy Robinson (1972-75) Janie Pangle (m. 1983 ...
Liquidation sales began on May 22, and the stores closed by July 31. [166] Another 8 stores and a distribution center closed in 2018 while over 50 additional stores were expected to close between mid-2019 and late 2020. [167] [168] JCPenney filed for bankruptcy on May 15, 2020, and announced plans to close at least 242 stores. [169]
It emerged from Chapter 11 a few months later, signing a deal with a Taiwan-based company to “acquire substantially all of the assets” for $37.5 million in cash. Express
A P.F. Chang's restaurant that is located outside Hamilton Place has had a unique theme in the 200+ unit chain since the restaurant opened in November 2006: a water theme, based on the fundamental role the Tennessee River plays in Chattanooga and the fact that the CEO of P.F. Chang's since 2000, Richard Federico, is a 1976 alumnus of the ...
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The priority structure is defined primarily by § 507 of the Bankruptcy Code (11 U.S.C. § 507). As a general rule, administrative expenses (the actual, necessary expenses of preserving the bankruptcy estate, including expenses such as employee wages, and the cost of litigating the chapter 11 case) are paid first. [ 37 ]
In 1998, the company acquired five properties near Nashville, Tennessee for $247.4 million in cash and securities. [3] In 2001, the company acquired a 23-property portfolio from Richard E. Jacobs for $1.3 billion. [4] In March 2005, the company opened Imperial Valley Mall in El Centro, California, its first mall on the West Coast of the United ...
Jan. 25—Nearly four decades after its opening in downtown Chattanooga, the Chattanooga Convention Center has outsourced its food and banquet services for the first time, to a Chicago-based ...