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CNET on MSN23andMe Files for Chapter 11: What's Next for Your Data?The genetic testing company has filed for bankruptcy protection and it's unclear what will happen to its massive collection of customer data.
The corporate parent of the restaurant chain known for its skimpy waitstaff outfits says it can sort out its beleaguered finances within months.
Hooters files for bankruptcy, shifting to franchise-only model as original co-founders join buyer group to revitalize the 40-year-old chain.
After months of rumors suggesting a filing was on the horizon, Hooters has officially filed for bankruptcy according to an announcement made on Monday. The Clearwater, Florida-born restaurant chain has been in operation since first opening its doors in 1983,
Metro Atlanta-based Hooters of America has filed for Chapter 11 bankruptcy. However, Hooters says it has a plan to sell restaurants to longtime franchisees that will keep them open.
After months of speculation, Hooters has filed voluntary petitions for Chapter 11 bankruptcy in Texas court in a move led by some of the company's founders. Hooters of America, LLC made the announcement in a news release published on Monday, March 31.
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Hooters, which has a restaurant in Wethersfield and about 300 locations nationwide, closed 40 restaurants last year, including one in Manchester.
Hooters of America, LLC (Hooters, or the Company), who was the manager of and operates company-owned restaurants for HOA Funding LLC Series 2021-1, a whole business securitization (WBS), filed for bankruptcy protection on March 31,
Hooters, the restaurant chain known for its chicken wings and female servers clad in skimpy, revealing bright orange outfits, has filed for Chapter 11 bankruptcy, the company said on Monday. However, company officials said its restaurants will remain open.