BurgerFi files for Chapter 11 bankruptcy | CNN Business
Sep 11, 2024 · Fast casual chain BurgerFi filed for Chapter 11 bankruptcy Wednesday after months of reporting financial distress. BurgerFi is another casualty of the rough business conditions hitting fast...
How BurgerFi ended up on the road to bankruptcy
Sep 11, 2024 · On Wednesday, the company said it has shuttered another 19 underperforming company-owned restaurants, including 10 Anthony’s and nine BurgerFi units. The reworking of the portfolio has been an ongoing process since CEO Carl Bachmann took the helm in 2023.
BurgerFi gets funding to get through bankruptcy
Sep 17, 2024 · BurgerFi International Inc. on Monday won court approval for $3.5 million in funding to keep operations going as the parent of BurgerFi and Anthony’s Coal Fired Pizza prepares for a sale through Chapter 11 bankruptcy.
BurgerFi International Files for Protection Under Chapter 11
Sep 11, 2024 · The Company will be filing customary "first day" motions in the Chapter 11 cases, to ensure normal operations. These motions, subject to court approval, will enable the timely payment of employee wages and benefits, the continuation of customer programs and other relief.
BurgerFi, Anthony's Pizza file for Chapter 11 bankruptcy - USA …
Sep 11, 2024 · BurgerFi, which also owns Anthony's Coal Fired Pizza & Wings, has filed for Chapter 11 bankruptcy protection. All locations will remain open and customers can continue using gift cards and...
Restaurant chain BurgerFi files for Chapter 11 bankruptcy …
Sep 11, 2024 · BurgerFi has assets of $50 million to $75 million and total debts of $100 million to $500 million, according to a bankruptcy filing. For the quarter ended April 1, BurgerFi reported revenue...
BurgerFi, Anthony’s Coal Fired Pizza Sold to TREW Capital
6 days ago · Bloomberg News. A bankruptcy judge approved the sale of burger chain BurgerFi International Inc. and its sister chain Anthony’s Coal Fired Pizza & Wings to an affiliate of lender TREW Capital Management. Judge Craig Goldblatt said during a Wednesday bankruptcy hearing that he’d approve the sales which will allow the two dining chains to ...
BurgerFi International Files for Protection Under Chapter 11 - PR …
Sep 11, 2024 · Franchisee-owned locations of BurgerFi and Anthony's Coal Fired Pizza & Wings are excluded from the bankruptcy proceedings.
Fast Food Chain BurgerFi Files for Chapter 11 Bankruptcy - Bloomberg.com
Sep 11, 2024 · US burger chain BurgerFi International, Inc., which once aimed at challenging industry giant Shake Shack, has filed for Chapter 11 bankruptcy protection on Wednesday in Delaware.
BurgerFi files for bankruptcy protection, plans to keep all …
Sep 11, 2024 · Fort Lauderdale-based BurgerFi has filed for Chapter 11 bankruptcy protection but plans to keep all of its stores open while it figures out how to climb out of its debt.