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Published on 4/28/2008 in the Prospect News Distressed Debt Daily.

Buffets unsecured creditors committee gains one new member

By Caroline Salls

Pittsburgh, April 28 - Buffets Holdings, Inc.'s U.S. Trustee added one new member to the company's official committee of unsecured creditors, according to a Monday filing with the U.S. Bankruptcy Court for the District of Delaware.

Specifically, Michael Pfeiffer of Realty Income Corp., Escondido, Calif., was appointed to the committee.

The other members of the committee include Lloyd Baldridge of Commissary Operations, Inc., Nashville; Sandra E. Horwitz of HSBC Bank USA, NA, New York; Raymond Edwards of Kimco Realty Corp., Hyde Park, N.Y.; Jason Schauer of Levine Leichtman Capital Partners Deep Value Fund LP, Beverly Hills, Calif.; John Lewis Jr. of the Coca-Cola Co., Atlanta; and Daniel Van Eerden of Van Eerden Food Service, Grand Rapids, Mich.

Buffets Holdings, a steak-buffet restaurant company based in Eagan, Minn., operates restaurants under the names Old Country Buffet, HomeTown Buffet, Ryan's and Fire Mountain. The company filed for bankruptcy on Jan. 22, and its Chapter 11 case number is 08-10141.


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