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Bob McMahon has filed for Chapter 11 bankruptcy protection for one of his companies, postponing a planned auction of the eight-building complex he owns at North Swan and East Fort Lowell roads.
The doors to McMahon’s Prime Steakhouse will not be closing any time soon, its owner vows.
McMahon’s Prime Steakhouse and other nearby buildings owned by local restaurateur Bob McMahon will go on the auction block early next year.
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