Introduction

EZ Lube, LLC, the Santa Ana, California based quick lube operator, filed for chapter 11 bankruptcy protection on December 9, 2008 in the United States Bankruptcy Court for the District of Delaware.  Read the EZ Lube bankruptcy petition here.  According to EZ Lube’s Affidavit in Support of First Day Motions,  the Debtor operates 82 retail locations, the majority of which are located in Southern California.  EZ Lube began with one store in 1988 and implemented a business model whereby it opened new stores on leased property and acquired leasehold interests in all of the assets of the individually run stores.   At the time it filed for bankruptcy, EZ Lube employed approximately 1,000 employees including technicians, store managers, cashiers and service crew. 

Continue Reading A Closer Look at the EZ Lube Bankruptcy