Thursday, March 28, 2024 Mar 28, 2024
72° F Dallas, TX
Advertisement
News

Raging Bull: The Office Grill Co-Owner Michael Costa Files Chapter 11 Bankruptcy

By Nancy Nichols |
Image

The Office Grill’s Michael Costa, Texas Bear and Bull, LLC,  filed for Chapter 11 bankruptcy on September 26, 2011, six days before he was to appear at hearing to determine if he’d breached his lease agreement. The next day, the Texas Comptroller revoked The Office Grill’s sales tax permit for lack of payment. Legally, The Office Grill can’t operate as a restaurant, yet, as of ten minutes ago, they were open for business.

On September 30, the landlord, 18020 N. Dallas Parkway, LTD filed a motion to convert the Chapter 11 filing to a Chapter 7. Chapter 11 means creditors are held off until reorganization or refinancing is obtained. Chapter 7 means there is no hope for reorganization and assets are to be distributed to creditors. A meeting of the creditors is scheduled for November 7.

The chef left right after Costa was arrested by the TABC on September 20 and Costa’s liquor license is suspended. He’s operating without a sales tax license, liquor license, and a chef? I’ll say this, the guy doesn’t go down easy.

Here is a pdf of the motion filed by 1820N. Dallas Parkway, LTD

Related Articles

Image
Arts & Entertainment

Arlington Museum of Art Debuts Two Must-see Nature-Inspired Additions

The chill of the Arctic Circle and a futuristic digital archive mark the grand opening of the Arlington Museum of Art’s new location.
By Brett Grega
Image
Arts & Entertainment

An Award-Winning SXSW Short Gave a Dallas Filmmaker an Outlet for Her Grief

Sara Nimeh balances humor and poignancy in a coming-of-age drama inspired by her childhood memories.
By Todd Jorgenson
Image
Football

Joel Klatt Is Pumped for the UFL

The league's first-ever game goes down Saturday at Choctaw Stadium.
Advertisement