ENBC Corp (fka ENBBQ)

[foggdogg]

It's the corporation that used to house the Einstein/Noah Bagel Corp.....New World Restaurant Group bought the assets from a bankruptcy proceeding in 2001 or 2002. Now, it's a shell that is showing signs of life. Tomorrow I will try and find out more by making some calls....

New World to Receive Additional Proceeds From ENBC Corporation Bankruptcy Estates; Court Approves Settlement Regarding Asset Distribution
2002 Aug 20 8:16 PM
New World Restaurant Group announced that the Bankruptcy Court with jurisdiction of the proceedings of ENBC Corporation (formerly Einstein/Noah Bagel Corp.) and ENBP, L.P. (formerly Einstein/Noah Bagel Partners), approved a settlement of the litigation concerning the distribution of the assets of the two estates. Under the settlement agreement approved by the court, $17.1 million is to be paid to creditors of ENBC, of which approximately 49%, or $8.3 million, is to be paid to New World. Distribution of the proceeds from the ENBC and ENBP estates approved in the U.S.