Financing
Fat Brands creditors push back against the company's sale to lenders
A group of unsecured creditors is suing the company and challenging the nearly $1 billion sale of the bankrupt restaurant chain operator and Twin Peaks over $195 million in transfers.
Financing
Some Fat Brands lenders are objecting to the company’s sale
Most of the company's restaurant chains, including Round Table Pizza, Fazoli's and others, will be sold in a credit deal. But some lenders say the proposal doesn't properly account for $10.8 million in management fees.