StoneFire Pizza Co. will remain open at its New Berlin location despite an eviction order issued Monday morning, one of the company's owners said.
The eviction order was issued by Waukesha County Circuit Court Commissioner Linda Georgeson in response to a lawsuit filed by AnchorBank, according to online court records.
David Church, a StoneFire owner, told me the company will file for Chapter 11 bankruptcy protection to reorganize its business. That filing will force a halt to the eviction proceedings as StoneFire reorganizes its finances, he said.
"The business won't be closing," Church said.
Madison-based Anchor took control of StoneFire's building, 5320 S. Moorland Road, through a foreclosure suit filed last year. Anchor will be StoneFire's largest creditor in the planned bankruptcy filing, Church said.» Read Full Article