Corner Bakery filed for Chapter 11 bankruptcy protection, listing assets and liabilities both between $10 million and $50 million.
The nationwide restaurant chain, which specializes in breakfast and lunch items like paninis and soups, submitted a petition for relief in the US Bankruptcy Court for the District of Delaware on Wednesday.
The company has branded locations across 19 states and the District of Columbia, according to its website.
Pandya Restaurant Growth Brands LLC acquired the chain in October 2020 from affiliates of Roark Capital Partners. Pandya also operates the Boston Market restaurant chain.
The case is In re CBC Restaurant Corp., Bankr. D. Del., No. 23-10245, petition filed 2/22/23
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