Six hamburger restaurants belonging to the Boll Weevil corporation were closed earlier in December after the company went into Chapter 7 bankruptcy. They are in La Mesa, Lakeside, San Marcos, Mira Mesa, Bonita and Shelter Island.
The company had twice filed for Chapter 11 bankruptcy protection, and when it did so the first time in 1996, four independently owned Boll Weevil eateries were able to turn their franchise agreements into licensing agreements, said Ricardo Hackley, who owns one of the four in Kearny Mesa. The other three are in Lemon Grove, Imperial Beach and Ramona and the bankruptcy will not affect them in any way, he added.
Boll Weevil filed for Chapter 11 again in 2007 and in the first week of December the reorganization was converted into a Chapter 7 liquidation.
Hackley said that Boll Weevil’s headquarters offices were closed, its phones were disconnected, and the bankruptcy court would sell the company’s assets at auction.
, Connie Lewis
