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Chapter 11 Woes

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2010_01-daph.pngSan Diego-based fast casual chain Daphne's Greek Cafe has filed for the dreaded Chapter 11 bankruptcy. Unlike many cheaper restaurants that have thrived in the poor economic climate, Daphne's has struggled to stay afloat. Despite filing for Ch. 11, the chain does not play to shutter, rather reorganize operations and simplify the menu. [NRN]

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