Bankruptcy News Shakes Up the Restaurant Industry
Explore the recent wave of bankruptcy filings in the restaurant industry and their implications on stakeholders.
Photo by Louis Hansel on Unsplash
Photo by Louis Hansel on Unsplash
Pizza Hut Franchisee and One Table Restaurant Brands File for Chapter 11
Two significant players in the restaurant scene, namely EYM Pizza L.P., a Pizza Hut franchisee, and One Table Restaurant Brands, the parent company of Tender Greens and Tocaya, made headlines this week by filing for Chapter 11 bankruptcy protection. EYM Pizza L.P. and its affiliated companies sought bankruptcy protection in the Eastern District of Texas, while One Table Restaurant Brands, operating primarily in California, followed suit with its own filing.
