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| Above, Shinichi Wakasa, Steve Ryfle and (late) Richard Pusateri at the Santa Monica Hooters following an American Film Market screening. Photo by Armand Vaquer. |
Hooters, the restaurant chain that features attractive and well-endowed waitresses, is considering filing bankruptcy, likely Chapter 11.
A group of us used to go to the Santa Monica Hooters following Godzilla movie screenings (at Toho Co., Ltd.'s invitation) at the American Film Market.
According to Fox Business:
A bankruptcy filing could potentially be on the menu for Hooters of America in the near future.
The company is looking at possibly filing for bankruptcy as a means of restructuring the restaurant chain and tackling its debt, Bloomberg reported Friday, citing unnamed sources.
Ropes & Gray has reportedly been brought on board for preparations for that potential move and, according to the outlet, they could file court papers on Hooters’ behalf in the coming two months to kick off the restructuring if the restaurant chain decides to take that step.
To read more, go here.
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