Italian restaurant chain files for Chapter 11 bankruptcy

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...