Paseo files bankruptcy papers

Sponsorship

Taylor Winkel

Taylor Winkel Feb 6, 2018

Feb 6, 2018

Republish Article

You can republish articles in print or online. Simply copy the HTML below, which includes our tracking pixel, all paragraph styles and hyperlinks, the author byline, and credit to Cascade PBS. Republishing of the photos or videos embedded in an article can occur only if the photo or video is a copyright of Cascade Public Media ("CPM") and not of a third party. Photos and videos that are a copyright of CPM are not required to appear in the republished article, but if they are used, they must be embedded where they appear in the original article and must include the attribution to the CPM photographer.

You may reprint in any medium
You may edit only for tense and timeliness
If republishing in print you can edit for length if you follow our print republishing guidelines.
You may write your own headline
Include a byline and shirttail with credit and link to Cascade PBS
Include our tracking pixel
Remove if we ask

          <article>
            <header>
              <hgroup>
                <h1>Paseo files bankruptcy papers</h1>
                <h2><p>Cuban sandwich-maker Paseo filed for Chapter 7 voluntary bankruptcy, although there is still no explanation why the popular Fremont and Ballard shops closed abruptly, the Puget Sound Business Journal reports. In the filing with the U.S. Bankruptcy Court for the Western District of Washington, Paseo listed assets of more</p></h2>
              </hgroup>
               <p>By <a href="/author/taylorjwinkel-gmail-com/">Taylor Winkel</a></p> 
              <p><time datetime="2025-02-04T05:00:00-08:00">Feb 6, 2018</time></p>
            </header>
            <p>Cuban sandwich-maker Paseo filed for Chapter 7 voluntary bankruptcy, although there is still no explanation why the popular Fremont and Ballard shops closed abruptly, the <a href="http://www.bizjournals.com/seattle/news/2014/11/13/paseo-files-for-bankruptcy-after-abrupt-closure.html?ref=dev.cascadepbs.org">Puget Sound Business Journal reports</a>. In the filing with the U.S. Bankruptcy Court for the Western District of Washington, Paseo listed assets of more than $80,000 and liabilities of more than $30,000. But there are also unspecified amounts of money owed to the Internal Revenue Service, the state Department of Labor and Industries and employees who are owed wages. On Tuesday, Seattleites were shocked with the popular sandwich shop unexpectedly closed both of its locations for reasons ungiven. Four Paseo employees fired in March <a href="http://blogs.seattletimes.com/allyoucaneat/2014/11/11/beloved-sandwich-shop-paseo-abruptly-closes-doors/?ref=dev.cascadepbs.org">filed a lawsuit</a> against the business and Paseo’s president, Lorenzo Lorenzo, in September.</p>
          </article>

Cuban sandwich-maker Paseo filed for Chapter 7 voluntary bankruptcy, although there is still no explanation why the popular Fremont and Ballard shops closed abruptly, the Puget Sound Business Journal reports. In the filing with the U.S. Bankruptcy Court for the Western District of Washington, Paseo listed assets of more than $80,000 and liabilities of more than $30,000. But there are also unspecified amounts of money owed to the Internal Revenue Service, the state Department of Labor and Industries and employees who are owed wages. On Tuesday, Seattleites were shocked with the popular sandwich shop unexpectedly closed both of its locations for reasons ungiven. Four Paseo employees fired in March filed a lawsuit against the business and Paseo’s president, Lorenzo Lorenzo, in September.

By Taylor Winkel

Taylor Winkel is a Journalism and Political Science student at the University of Washington. Follow her on Twitter: @twinkelnews. She can be emailed at Taylor.Winkel@crosscut.com.