Royal Hawaiian Showroom has filed for bankruptcy in U.S.District Court in Honolulu. According to court documents, Royal HawaiianShowroom had more than 100 creditors and over $10 million in debt.
The company’s largest unsecured claims include a $4.6million debt to Taisei Construction Co. of Honolulu for construction work, $5.6million to Hawaii-based Central Pacific Bank for loan, lease and credit line,and $693,259 to B.P. Bishop Estate for lease payments and utilities.
The company is owned by Roy Tokujo, the producer of theshort-lived theatrical show Waikiki Nei. The company has filed for Chapter 11protection.
If your company is considering filing for bankruptcy andneeds assistance with any part of the process, please contact the Galveston BankruptcyLawyers of Gipson, Norman & Root at 409-765-6000.