Business

Liabilities in Perkins case include $25,000 debt to Warren

Additional details about the financial condition of the company that owns the Warren Perkins are emerging. A detailed listing of assets and liabilities of 5171 Campbell Land Co., Inc. — which operates many of the region’s Perkins — was filed on August 9 with the Bankruptcy Court for ...

Length of Warren Perkins’ reprieve not totally clear

Perkins in Warren has received a reprieve. Just how long that reprieve will last is less than clear. A stipulation and consent order approved by a federal bankruptcy judge last month identified the Warren Perkins on Ludlow St. as one of 10 of 27 restaurants operated by 5171 Campbell Land ...

West Forest names new principal

Dean Hoffman was recently hired as the new PK-12 principal at West Forest in Tionesta. Hoffman graduated from West Middlesex High School. He attended Geneva College in Beaver Falls where he graduated with a degree in History. He obtained his Special Education Certification from Millersville ...

Warren Tire Center restored

On June 14, 2018, fire destroyed a long-standing Warren business. Warren Tire Center burned to the ground early that morning. It has been rebuilt. “I never gave a thought to not rebuilding,” Owner Corky Fry said. “I’m 63. I’ve got a lot of gas left in the tank. It was not a ...

Warren Tire Center celebrates fresh start with time capsule

After fire destroyed Warren Tire Center a year ago, owners Corky and Carolyn Fry made the best of the rebuilding process. The Frys decided to bury a time capsule to capture the essence of 2019 Warren County beneath the new concrete floor. Corky Fry had some experience with another time ...

Who owns Perkins? Objection filed in bankruptcy case

An objection filed in the ongoing bankruptcy case that engrosses the Warren Perkins raises questions about the company’s actual ownership. 5171 Campbell Land Co., Inc., which owns the license agreements to operate 27 Perkins restaurants in Pennsylvania, Ohio and New York, Warren included, ...

Judge orders Warren Perkins to close shop

At a Friday morning hearing in Pittsburgh, a federal bankruptcy judge ordered 10 Perkins restaurants to close – Warren included. But a Perkins official has told the Times Observer that a restaurant will continue to operate at the Perkins location on Ludlow St. Chief Bankruptcy Judge ...

Judge outlines stipulations to stay in business

One way or the other, Perkins is out. If the plan is, as a regional manager said Friday, for the location to remain a restaurant, federal court documents point to a list of requirements that have to be met. The owner: ¯ will not compete within 3 miles of any Perkins Restaurant; ¯ ...

‘Perkins’ labyrinth of ownership

The stipulation reached between Perkins and 5171 Campbell Land Co., Inc. isn’t going to go unchallenged. In addition to a formal objection filed in federal court, a trustee for the United States has raised concerns about whether Campbell “engaged in any scheme to hinder, delay or ...

Not Perkins?

A stipulation in a federal bankruptcy case — if granted by the court — would result in the de-commission and closure of the Warren Perkins. The owner of the Warren restaurant - 5171 Campbell Land Co., Inc. of Meadville - filed for bankruptcy protection earlier this month. A ...

Seems like business as usual at ‘Perkins’ despite restraining order

Last week, the Perkins in Warren was told by a federal judge not to be Perkins anymore. On Monday, the company that owns the Warren restaurant filed for Chapter 11 bankruptcy. As of Tuesday, the restaurant was still open. And still operating as Perkins. The bankruptcy filing was made ...

NW names Justice vice president

Amy Justice, small business operations manager of Northwest Bank, has been named vice president. Working from the corporate office in Warren, Ms. Justice is responsible for Small Business Loan Operations. In addition to managing the Small Business Loan Operations team, Justice is also ...

NW promotes Fitzsimmons

Krista Fitzsimmons has been named manager of the Northwest office located at 400 Jackson Run Rd, Warren. Julie Marasco, region president, made the announcement. As a manager, Ms. Fitzsimmons will be responsible for customer service, administration, lending, and business development. She will ...

WCDA awarded funding for PNC building rehab

Funding has been secured to renovate an additional floor of the Liberty St. building colloquially known as the PNC Building. And that funding - $500,000 in state Redevelopment Assistance Capital Program - will bring additional space for the Northern Pennsylvania Regional College. “The ...

FirstEnergy notifies customers of plan changes coming

If you have FirstEnergy Solutions as your electricity generation supplier, your contract will be changing hands in the coming months. A notice sent to customers outlines the next steps in an ongoing bankruptcy case against the First Energy subsidiary, which filed for chapter 11 ...

As Loranger project moves ahead, hotel project halted

Successful development in downtown Warren is putting a different development proposal on hold. The ongoing work at the Loranger building – a multi-million dollar renovation aimed at creating riverfront commercial space – is moving ahead. That puts a proposal for a downtown hotel ...

Merger

Photo submitted to Times Observer From left, Dr. Raymond Johnson, Mint Dental, and Dr. Mark Donick have announced that the merger of their dental practices will take place on June 1. Dr. Donick has practiced at his Liberty Street location for 25+ years and on the date of the merger will move ...

Trimpey receives Outstanding Alumni Award

David W. Trimpey of Pittsfield has been honored with an Outstanding Alumni Award from The Pennsylvania State University (Penn State) Forest Resources Alumni Group. The award was presented at the Forest Resources Alumni Group annual banquet on April 27 in State College. Dave graduated from ...

Veteran financial advisor joins Olewine Financial Group

Amee Wright joined Olewine Financial Group in March 2019. Amee brings with her more than 24 years of experience in the financial services industry with over 15 of those years as a financial advisor. Amee currently holds her Series 6,7,63, and 65 as well as her life and health license. Amee ...