| Salad and Go closing all locations permanently after bankruptcy filing
PHOENIX (AZFamily) — A popular Arizona salad chain is closing its doors permanently after filing for Chapter 11 bankruptcy. Salad And Go will serve its last customers on Wednesday, the company said in a statement on Tuesday. “This is a painful day for everyone who built, worked for and loved Salad and Go,” said Mike Tattersfield, Salad And Go CEO. “Our mission was brought to life every day by an extraordinary team and embraced by guests who made us part of their…»
Quick Note about this article – This has only been a petition to purchase. Here is the timeline from the court documents:
Key Dates
- In-Person Negotiations with Both Final Bidders: July 26 and 27, 2026
- Rent Paid at Closed Locations Through: July 31, 2026
- Letter of Intent Executed: July 31, 2026
- Buyer Exclusivity Period (per LOI): through August 3, 2026
- APA Effective Date: August 4, 2026
- Petition Date: August 4, 2026
- Objection Deadline: 21 days from the date the Motion was filed
- Targeted Entry of Sale Order: on or before 30 days after the filing of the Bankruptcy Case, subject to court availability
- Lease Expense Statement Delivery: at least 3 business days prior to the anticipated Closing Date
- Outside Date: December 31, 2026
- Cure Period for Breach-Based Termination (either party): 30 days following written notice
- Termination Fee Payment: within 5 days of the closing of an Alternative Transaction
- Objection Window for Materially Adverse APA Amendments: 5 days from filing and service
- Tax Allocation Delivery: within 90 days following the Closing Date; Seller objection window 15 days thereafter
- Buyer Post-Closing Non-Solicitation of Rejected Sites: 8 months following the Closing Date
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