Uno Restaurant's disclosure statement approved; plan hearing June 21

By Lisa Kerner

Charlotte, N.C., May 11 - Uno Restaurant Holdings Corp.'s disclosure statement was approved by the U.S. Bankruptcy Court for the Southern District of New York at a hearing on Tuesday, according to an attorney close to the case.

A plan confirmation hearing is scheduled for June 21, the attorney said.

As previously reported, on Jan. 20 Uno made a pre-packaged Chapter 11 bankruptcy filing to complete a restructuring that will recapitalize the company and eliminate substantial debt through the conversion of $142 million of senior notes into a controlling equity stake.

Uno is a Boston-based owner, operator and franchiser of Uno Chicago Grill. Its Chapter 11 case number is 10-10209.

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