0% found this document useful (0 votes)
24K views

Corner Bakery

This document is a voluntary bankruptcy petition filed by Corner Bakery Holding Company for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. Corner Bakery operates bakery cafes and franchises and has its principal place of business in Dallas, Texas. The petition provides basic identifying information about the debtor and indicates that the debtor has elected to proceed under subchapter V of Chapter 11 of the Bankruptcy Code as a small business with noncontingent, liquidated debts of less than $7.5 million.

Uploaded by

Marcus Gilmer
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
24K views

Corner Bakery

This document is a voluntary bankruptcy petition filed by Corner Bakery Holding Company for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. Corner Bakery operates bakery cafes and franchises and has its principal place of business in Dallas, Texas. The petition provides basic identifying information about the debtor and indicates that the debtor has elected to proceed under subchapter V of Chapter 11 of the Bankruptcy Code as a small business with noncontingent, liquidated debts of less than $7.5 million.

Uploaded by

Marcus Gilmer
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 13

Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 1 of 13

Fill in this information to identify the case:

United States Bankruptcy Court for the:

District of Delaware
____________________ District of _________________
(State)
11
Case number (If known): _________________________ Chapter _____  Check if this is an
amended filing

Official Form 201


Voluntary Petition for Non-Individuals Filing for Bankruptcy 06/22

If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write the debtor’s name and the case
number (if known). For more information, a separate document, Instructions for Bankruptcy Forms for Non-Individuals, is available.

1. Debtor’s name Corner Bakery Holding Company


______________________________________________________________________________________________________

2. All other names debtor used d/b/a Corner Bakery


______________________________________________________________________________________________________
in the last 8 years f/k/a IFCB Holding Corporation
______________________________________________________________________________________________________
______________________________________________________________________________________________________
Include any assumed names,
______________________________________________________________________________________________________
trade names, and doing business
as names ______________________________________________________________________________________________________

3. Debtor’s federal Employer 4 5 2 2 5 3 9 8 1


___ ___ – ___ ___ ___ ___ ___ ___ ___
Identification Number (EIN)

4. Debtor’s address Principal place of business Mailing address, if different from principal place
of business
12700 Park Central Drive 121 Friends Lane
______________________________________________ _______________________________________________
Number Street Number Street

Ste 1300 Ste. 301


_______________________________________________
______________________________________________
P.O. Box

Dallas TX 75251
______________________________________________ Newtown PA 18940
_______________________________________________
City State ZIP Code City State ZIP Code

Location of principal assets, if different from


principal place of business
United States
______________________________________________
County _______________________________________________
Number Street

_______________________________________________

_______________________________________________
City State ZIP Code

5. Debtor’s website (URL) https://www.cornerbakerycafe.com/


____________________________________________________________________________________________________

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 1
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 2 of 13

Debtor Corner Bakery Holding Company


_______________________________________________________ Case number (if known)_____________________________________
Name

6. Type of debtor 
✔ Corporation (including Limited Liability Company (LLC) and Limited Liability Partnership (LLP))

 Partnership (excluding LLP)


 Other. Specify: __________________________________________________________________

A. Check one:
7. Describe debtor’s business
 Health Care Business (as defined in 11 U.S.C. § 101(27A))
 Single Asset Real Estate (as defined in 11 U.S.C. § 101(51B))
 Railroad (as defined in 11 U.S.C. § 101(44))
 Stockbroker (as defined in 11 U.S.C. § 101(53A))
 Commodity Broker (as defined in 11 U.S.C. § 101(6))
 Clearing Bank (as defined in 11 U.S.C. § 781(3))

✔ None of the above

B. Check all that apply:

 Tax-exempt entity (as described in 26 U.S.C. § 501)


 Investment company, including hedge fund or pooled investment vehicle (as defined in 15 U.S.C.
§ 80a-3)
 Investment advisor (as defined in 15 U.S.C. § 80b-2(a)(11))

C. NAICS (North American Industry Classification System) 4-digit code that best describes debtor. See
http://www.uscourts.gov/four-digit-national-association-naics-codes .
7 ___
___ 2 ___
2 ___
5

8. Under which chapter of the Check one:


Bankruptcy Code is the
debtor filing?  Chapter 7
 Chapter 9

✔ Chapter 11. Check all that apply:
A debtor who is a “small business
debtor” must check the first sub-  The debtor is a small business debtor as defined in 11 U.S.C. § 101(51D), and its
box. A debtor as defined in aggregate noncontingent liquidated debts (excluding debts owed to insiders or
§ 1182(1) who elects to proceed affiliates) are less than $3,024,725. If this sub-box is selected, attach the most
under subchapter V of chapter 11 recent balance sheet, statement of operations, cash-flow statement, and federal
(whether or not the debtor is a income tax return or if any of these documents do not exist, follow the procedure in
“small business debtor”) must 11 U.S.C. § 1116(1)(B).
check the second sub-box.  The debtor is a debtor as defined in 11 U.S.C. § 1182(1), its aggregate
noncontingent liquidated debts (excluding debts owed to insiders or affiliates) are
less than $7,500,000, and it chooses to proceed under Subchapter V of
Chapter 11. If this sub-box is selected, attach the most recent balance sheet,
statement of operations, cash-flow statement, and federal income tax return, or if
any of these documents do not exist, follow the procedure in 11 U.S.C.
§ 1116(1)(B).

 A plan is being filed with this petition.

 Acceptances of the plan were solicited prepetition from one or more classes of
creditors, in accordance with 11 U.S.C. § 1126(b).

 The debtor is required to file periodic reports (for example, 10K and 10Q) with the
Securities and Exchange Commission according to § 13 or 15(d) of the Securities
Exchange Act of 1934. File the Attachment to Voluntary Petition for Non-Individuals Filing
for Bankruptcy under Chapter 11 (Official Form 201A) with this form.

 The debtor is a shell company as defined in the Securities Exchange Act of 1934 Rule
12b-2.
 Chapter 12

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 2
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 3 of 13

Debtor Corner Bakery Holding Company


_______________________________________________________ Case number (if known)_____________________________________
Name

9. Were prior bankruptcy cases 


✔ No
filed by or against the debtor
within the last 8 years?  Yes. District _______________________ When _______________ Case number _________________________
MM / DD / YYYY
If more than 2 cases, attach a
separate list. District _______________________ When _______________ Case number _________________________
MM / DD / YYYY

10. Are any bankruptcy cases  No


pending or being filed by a See Attachment
business partner or an 
✔ Yes. Debtor _____________________________________________ Relationship _________________________
affiliate of the debtor? District _____________________________________________ When __________________
List all cases. If more than 1, MM / DD / YYYY
attach a separate list. Case number, if known ________________________________

11. Why is the case filed in this Check all that apply:
district?

✔ Debtor has had its domicile, principal place of business, or principal assets in this district for 180 days
immediately preceding the date of this petition or for a longer part of such 180 days than in any other
district.


✔ A bankruptcy case concerning debtor’s affiliate, general partner, or partnership is pending in this district.

12. Does the debtor own or have 


✔ No
possession of any real  Yes. Answer below for each property that needs immediate attention. Attach additional sheets if needed.
property or personal property
that needs immediate Why does the property need immediate attention? (Check all that apply.)
attention?
 It poses or is alleged to pose a threat of imminent and identifiable hazard to public health or safety.
What is the hazard? _____________________________________________________________________

 It needs to be physically secured or protected from the weather.

 It includes perishable goods or assets that could quickly deteriorate or lose value without
attention (for example, livestock, seasonal goods, meat, dairy, produce, or securities-related
assets or other options).

 Other _______________________________________________________________________________

Where is the property?_____________________________________________________________________


Number Street

____________________________________________________________________

_______________________________________ _______ ________________


City State ZIP Code

Is the property insured?


 No
 Yes. Insurance agency ____________________________________________________________________

Contact name ____________________________________________________________________

Phone ________________________________

Statistical and administrative information

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 3
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 4 of 13
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 5 of 13

Debtor
Corner Bakery Holding Company
_______________________________________________________ Case number (if known)_____________________________________
Name

18. Signature of attorney


 _____________________________________________ Date 02/22/2023
_________________
Signature of attorney for debtor MM / DD / YYYY

Mette H. Kurth
_________________________________________________________________________________________________
Printed name
Culhane Meadows PLLC
_________________________________________________________________________________________________
Firm name
3411 Silverside Road, Baynard Building, Suite 104-103
_________________________________________________________________________________________________
Number Street
Wilmington
____________________________________________________ DE
____________ 19810
______________________________
City State ZIP Code

(302) 289-8839 Ext. 100


____________________________________ [email protected]
__________________________________________
Contact phone Email address

6491
______________________________________________________ DE
____________
Bar number State

Official Form 201 Voluntary Petition for Non-Individuals Filing for Bankruptcy page 5
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 6 of 13

ATTACHMENT

SCHEDULE OF DEBTORS

On the date hereof, each of the affiliated entities listed below (including the debtor in this
chapter 11 case) filed in this Court a petition for relief under chapter 11 of title 11 of the United
States Code. Substantially contemporaneously with the filing of these petitions, these entities filed
a motion requesting that their respective chapter 11 cases be jointly administered for procedural
purposes only.

No. Debtor Federal EIN

1. Corner Bakery Holding Company 45-2253981

2. CBC Restaurant Corp. 13-4310801

3. CBC Cardco, Inc. 27-3791938

2
USA.602569698.6/WN4
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 7 of 13
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 8 of 13
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 9 of 13
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 10 of 13
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 11 of 13
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 12 of 13

IN THE UNITED STATES BANKRUPTCY COURT


FOR THE DISTRICT OF DELAWARE

In re: Chapter 11

CORNER BAKERY HOLDING Case No. 23-[●] (●)


COMPANY., et al.,1
(Jointly Administered)
Debtors.

CONSOLIDATED CORPORATE OWNERSHIP STATEMENT AND LIST OF EQUITY


SECURITY HOLDERS PURSUANT TO FEDERAL RULES OF BANKRUPTCY
PROCEDURE 1007 AND 7007.1

Pursuant to Rules 1007(a)(1) and 7001.1 of the Federal Rules of Bankruptcy Procedure,

set forth below are the corporate entities that directly or indirectly own 10% of more of any class

of equity interests as of the Petition Date:

1. Corner Bakery Holding Company is wholly owned by Pandya Restaurant Growth

Brands, LLC.

2. CBC Restaurant Corp. is wholly owned by Corner Bakery Holding Company.

3. CBC Cardco, Inc. is wholly owned by CBC Restaurant Corp.

1 The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification
number, include CBC Restaurant Corp. (0801), Corner Bakery Holding Company (3981), and CBC Cardco,
Inc. (1938). The Debtors’ service address is 121 Friends Lane, Ste. 301, Newtown PA 18940.

USA.602569698.6/WN4
Case 23-10246-KBO Doc 1 Filed 02/22/23 Page 13 of 13

You might also like