 After filing for bankruptcy, four restaurants closed as the result of the legal battles that occurred.John and Eva Apostolou sold the business for $52 million to Chicago private-equity firm Victory Park Capital Advisors LLC.Ultimately, the firm — which was indebted for approximately $52 million — was auctioned off in November 2011 for $61.6 million to a group including private equity firms Victory Park, Origin Capital, and Atria Group, and George and Bill Apostolou (the sons of John and Eva Apostolou, who owned Giordano's prior to bankruptcy.)