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Memphis-based Perkins & Marie Callender's Inc. has filed for Chapter 11 bankruptcy protection and has shut down several restaurants and they begin a massive …
January 19. Japan Airlines, the once mighty flagship carrier and Asia’s biggest airline, files for bankruptcy protection in Japan, crippled by years of mismanagement and more …
Indeed, Cosí was the eighth restaurant company to file for bankruptcy in 10 months. They represent at least 12 chains: ... and rivals the …
NPC International, one of the largest franchisees of Pizza Hut and Wendy’s, declared bankruptcy, as did IHOP franchisee CFRA Holdings, Applebee’s franchisee Wisconsin Apple LLC and Golden Corral...
Call it the year of the stealth bankruptcy. After two years of colossal corporate meltdowns—the liquidations of Lehman Brothers and Circuit City, the General Motors and …
Real Mex Restaurants. The owner of Mexican chains El Torito and Chevy’s Fresh Mex filed for its second bankruptcy in August. The company …
There were a few very big restaurant company bankruptcies, including NPC, Chuck E. Cheese and California Pizza Kitchen. Some iconic concepts also sought debt protection, including Ruby Tuesday , Sizzler and …
Notably, Sbarro, the famously mediocre Italian chain, went bankrupt in April. The Perkins and Marie Callender's restaurant chains filed for bankruptcy in early June, with plans to …
In early July, the owner of Fig & Olive, Luxury Dining Group, declared Chapter 11 bankruptcy, citing employee lawsuits and the pandemic. As of today, the chain—which serves cuisine from South of France, Spain and Italy—has laid …
Once the successful operator of more than 1,600 restaurant franchises including Wendy's and Pizza Hut, NPC International filed for bankruptcy in July. They had already been losing money before the pandemic, …
The companies, which operate Ryan's, Old Country Buffet, Tahoe Joe's Famous Steakhouse, HomeTown Buffet, Fire Mountain, and Furr's Fresh Buffet, turned to bankruptcy after COVID-19 …
NPC International Inc., the largest franchisee of Pizza Hut restaurants in the U.S., filed for bankruptcy, reported Bloomberg (July 1). The Pizza Hut and Wendy’s operator filed …
Chapter 7. Chapter 11. Chapter 13. Filing for bankruptcy triggers an automatic stay. This means that creditors must cease collection efforts and give you a chance to get …
That means as many as four restaurants a day are going bankrupt —an increase from less than two a day in 2010. Paul Pittman, a partner at Price Bailey, said that 2018 was by …
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