FRONTLINE SELLS RUBY TUESDAY RESTAURANTS IN CHAPTER 11 BANKRUPTCY
NORTHBROOK, IL--(March 15, 2013) - Frontline Real Estate Partners completed the bankruptcy sale of a portfolio of Ruby Tuesday restaurants throughout Illinois. Frontline served as the court-appointed real estate advisor in the Chapter 11 bankruptcy of RT Midwest, LLC, a Ruby Tuesday franchisee headquartered in Minnesota with locations. Frontline led an expedited marketing process to secure sale-leaseback financing allowing the company to reorganize and exit bankruptcy. A bankruptcy auction was held attracting several sale-leaseback buyers as well as users and...
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