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The Today File

Your guide to the latest news from around the Northwest

Topic: bankruptcy

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November 13, 2014 at 11:24 AM

Paseo files for bankruptcy

Update: Read the full story here. Paseo has filed for bankruptcy. The popular Seattle restaurant, which surprised sandwich fans by abruptly closing both of its locations Tuesday, lists assets of $81,971 and liabilities of only $30,425 in a petition for Chapter 7 voluntary bankruptcy filed Wednesday in Seattle federal court. But the petition also lists the Internal Revenue Service and…

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Comments | More in General news, Government | Topics: bankruptcy, food, Paseo

January 24, 2013 at 11:36 AM

Small share of Kings is in bankruptcy, could be snag in sale to Seattle group

The Sacramento Bee reported today of a potential new snag in the sale of the NBA’s Kings to a group that would relocate them to Seattle. The Bee says a bankruptcy trustee who controls 7 percent of the Kings says the team’s limited partners are being denied their legal right to match a Seattle…

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Comments | More in Sports | Topics: bankruptcy, basketball, Chris Hansen