Category: Financial

Fat Brands, the parent company of Fatburger, and Twin Hospitality, the parent company of Twin Peaks, both have filed for Chapter 11 bankruptcy. Neither company expects any of its restaurants to close while they restructure heavy debt burdens. Fat Brands

🦉 Hooters — the Atlanta-based restaurant chain known for chicken wings and its skimpy wait-staff outfits — has filed for bankruptcy. It plans to sell all of its 100 company-owned restaurants to two of its franchisee groups and exit bankruptcy this