Hooters of America has become the latest major restaurant chain to file for bankruptcy after accumulating $376 million in ...

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 group backed by ...

Hooters announced that it has filed for bankruptcy, but clarified in a press release that this doesn't necessarily mean it's going out of business.

Saddled with $376 million in debt, Atlanta-based Hooters of America LLC has filed for bankruptcy protection in Texas, but reports its restaurants will stay open. Hooters filed voluntary petitions ...

Hooters of America filed for bankruptcy at the end of March. The chain has struggled with debt and closed some restaurants last year. I went to a Hooters restaurant in Virginia to see what dining ...

Hooterization” is planned for the casual sports bar chain if two franchisee groups are able to buy dozens of corporate restaurants as the company navigates Chapter 11 bankruptcy. Hooters, ...

Hooters filed for Chapter 11 bankruptcy in Texas to address its debt woes. This development comes as the chain seeks to tackle $376 million in debt by selling its 151 company-owned locations to a ...

The business is trying to address its $376 million in debt by selling its company-owned restaurants to a franchise group that already operates some of its Hooters locations in Florida and Illinois.

Hooters — famous for dressing its waitress ... restructured roughly $1 billion in asset-backed debt after facing liquidity ...

NEW YORK: Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday (Mar 31), seeking to address its US$376 million debt by selling all of its company-owned restaurants to a ...