Iconic burger and bar chain owner faces collapse, Chapter 11
Yahoo Finance·2026-01-14 06:33

When companies file for bankruptcy, often it isn't because they're not cash flow positive. Bankruptcies can happen simply because a company can't generate the cash needed to service its debt. In many cases, if you took that debt away, the business itself would actually be successful. That's the argument FAT Brands CEO Andy Wiederhorn made on Jan. 12 at the ICR conference in Orlando. “We've been talking about restructuring this debt for 18 months to two years with our note holders,” Wiederhorn said, acc ...

Iconic burger and bar chain owner faces collapse, Chapter 11 - Reportify