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Creative tactics help restructure Sir Walter Raleigh restaurant chain (access required)

Posted: 7:10 pm Thu, June 17, 2010
By Danielle Ulman
Daily Record Business Writer

Bankruptcy. It may sound like a dirty word, but for those businesses that can reorganize successfully, bankruptcy can mean rebirth. That’s what happened to Sir Walter Raleigh Inn, a Maryland-based chain of casual restaurants specializing in steak dinners and bountiful salad bars, when it entered Chapter 11 bankruptcy in 1995. Fifteen years later, a topsy-turvy ...

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