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Feb. 18, 2011 / 12:34 PM

Giordano's allowed to stay in business

CHICAGO, Feb. 18 (UPI) -- A federal court decision in Chicago allows pizza-maker Giordano's to continue to operate while it is in bankruptcy.

The court said the restaurant and delivery business known for its stuffed pizza, which it delivers frozen, could use part of a $36 million loan from its major creditor, Fifth Third Bank, to stay open, the Chicago Tribune reported Friday.

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Giordano's and 32 affiliate businesses filed for court protection Wednesday. The firm, which operates 10 stores -- four through joint ventures -- and 35 franchise restaurants, owes Fifth Third Bank $45.7 million, court papers show.

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