Italian restaurant chain files for Chapter 11 bankruptcy
Buca di Beppo has plans to restructure 44 'core' locations
By News on the Net -- Fox Business—— Bio and Archives--August 6, 2024
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Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy protection on Monday.
The company cited rising food and labor costs as well as staffing challenges as reasons for the bankruptcy filing. It has $10 million to $50 million in assets and $50 million to $100 million in liabilities, according to its Chapter 11 petition filed in U.S. Bankruptcy Court in Dallas. ---More...
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