Iconic sports bar, BBQ chain owner files Chapter 11
Yahoo Finance·2026-01-28 00:53
FAT Brands CEO Andy Wiederhorn made it clear on Jan. 12 at the ICR conference in Orlando that his company might end up filing for Chapter 11 bankruptcy. “We’ve been talking about restructuring this debt for 18 months to two years with our note holders,” Wiederhorn said, according to Nation’s Restaurant News. “It has not been a very constructive negotiation…We’re looking at avenues to lower the debt and make it practical. I wish I could say that this would go quickly and get resolved, but it may take a cou ...