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Bankrupt Ruby Tuesday tells court (and retirees): 'Pension funds are ours'

A struggle over who owns those assets has complicated Chapter 11 proceedings--and raised the possibility of a Chapter 7 liquidation.


Applebee’s franchisee Flynn Restaurant Group is bidding to buy NPC International

The giant operator, which also operates Arby’s, Panera Bread and Taco Bell, has an initial bid to buy the giant Wendy’s and Pizza Hut franchisee out of bankruptcy.

The company is negotiating with the franchisor to reduce unit openings and remodels and expects to give up an exclusive right to buy existing restaurants that are up for sale.

This week’s episode of the RB podcast “A Deeper Dive” features a discussion with Editor-at-Large Peter Romeo on some recent deals in the restaurant industry.

The debt levels for restaurant chains has only increased during the pandemic, which could cause problems as the winter months approach, says RB’s The Bottom Line.

The company will be sold for just less than $2 million after the pandemic disrupted the chain’s sale process.

The company said in a filing that it could bid, along with a group of selected franchisees, for the operator’s nearly 400 locations out of bankruptcy.

Dunkin’ Brands will be the company’s fourth major deal. Here’s how the company became an industry force.

The restaurant industry's largest deal in six years will make Arby's and Sonic's owner one of the country's largest restaurant operators.

The struggling Roark-owned fast casual has been purchased by the new owner of Boston Market, real estate investor Jignesh Pandya.

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