Was Pizza Parent, LLC, a Cicis affiliate, included in the bankruptcy closing on July 2, 2021?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
U.S. Bankruptcy Court, Northern District of Texas (Dallas) Bankruptcy Petition: 21-30146-sgj11: On January 25, 2021, some of our current and former affiliates, namely, Cici's Holdings, Inc., Awesome Acquisition Company, CAC, CiCi Enterprises, CiCi GP, LLC, CiCi Services, JMC GP, LLC, JMC Restaurant Distribution, LP, and Pizza Parent, LLC, filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code. All the debtors share our principal business address. On March 3, 2021, the court approved the debtors' and creditors' pre-packaged Plan of Reorganization, and March 10, 2021, CiCi Enterprises emerged from bankruptcy. On July 2, 2021, the bankruptcy cases against all the petitioners except Pizza Parent, LLC were closed. On August 30, 2024, the case was closed against Pizza Parent, LLC.
Source: Item 4 — BANKRUPTCY (FDD page 11)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, Pizza Parent, LLC, an affiliate, was initially part of a Chapter 11 bankruptcy filing on January 25, 2021, along with other affiliates including Cici's Holdings, Inc., Awesome Acquisition Company, CAC, CiCi Enterprises, CiCi GP, LLC, CiCi Services, JMC GP, LLC, and JMC Restaurant Distribution, LP.
While the court approved a Plan of Reorganization on March 3, 2021, and CiCi Enterprises emerged from bankruptcy on March 10, 2021, the bankruptcy cases against most petitioners were closed on July 2, 2021. However, Pizza Parent, LLC was specifically excluded from this closing.
The bankruptcy case against Pizza Parent, LLC remained open for an extended period and was eventually closed on August 30, 2024. This indicates that Pizza Parent, LLC's financial situation and restructuring were handled separately from the other affiliates involved in the initial bankruptcy filing.