San Antonio favorite Guillermo’s makes 'strategic decision' to declare bankruptcy
San Antonio Italian mini-chain Guillermo’s has filed for Chapter 11 bankruptcy reorganization, a "strategic decision" that will allow it to stay in operation, the San Antonio Business Journal reports, citing company ownership. The move will allow Guillermo’s to pay off debts while avoiding the closure of both its locations, Guillermo’s President William Garza told the publication. The original Guillermo's, located at 618 McCullough Ave., has served Italian American fare to downtown San Antonio diners since 1995.
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