VALDOSTA, Ga. - A major Burger King franchisee with dozens of restaurants in South Georgia and Florida has filed for Chapter 11 bankruptcy protection, citing years of financial struggles worsened ...

Bertucci’s, an Italian restaurant chain with locations along the East Coast, has filed for bankruptcy for the third time since 2018 and closed seven restaurants across three states.

The owner of 57 Burger King restaurants filed for bankruptcy, blaming high labor costs and inflation for forcing its company to go under, according to court documents. Consolidated Burger Holdings ...

Hooters files for bankruptcy, but restaurants will remain open. By Bob D'Angelo, Cox Media Group National Content Desk. April 01, 2025 at 8:36 am EDT. Expand.

The complicated bankruptcy filing is a way to keep many of the restaurants open. “Our renowned Hooters restaurants are here to stay,” the company said in its announcement.

As part of the Chapter 11 bankruptcy, Hooters of America will sell more than 100 corporate-owned locations to Hooters Inc. and another franchisee, Hoot Owl Restaurants LLC, named collectively in ...

NEW YORK — Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise ...