TGI Friday's Inc.
Case Number:
8:24-bk-80069
Court:
Nature of Suit:
Firms
- Brown Fox PLLC
- Eversheds Sutherland
- Foley & Lardner
- Kramer Levin
- Kurtzman Steady
- Linebarger Goggan
- Martyn & Associates
- Munsch Hardt
- Norton Rose
- Perdue Brandon
- Ropes & Gray
- Ross Smith & Binford
- Sheppard Mullin
- Singer & Levick
- Spencer Fane
- Stark & Stark
Companies
- FTI Consulting Inc.
- Kimco Realty Corporation
- Pennsylvania Real Estate Investment Trust
- Simon Property Group Inc.
- Stretto Inc.
- Texas Partners Bank
- TGI Friday's Inc.
Sectors & Industries:
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November 05, 2024
Catching Up With New Bankruptcy Case Action
Several companies sought Chapter 11 bankruptcy protection this week, reflecting diverse challenges across industries. TGI Fridays and Rainbow Production Services cited economic pressures and a post-COVID downturn, while Star Transportation and New Jersey nonprofit CarePoint Health Systems pointed to rising costs and funding issues that intensified after the pandemic.
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November 04, 2024
TGI Fridays Restaurant Chain Hits Ch. 11, Blaming Pandemic
Casual dining chain TGI Fridays Inc. filed for Chapter 11 protection in Texas with nearly $151 million in debt, blaming the COVID-19 pandemic and its capital structure and planning a sale within two months.
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