Getting it Fixed the First Time

Over the last several months there have been several significant restaurant chains filing Chapter 11 bankruptcy. The first to go was Quaker Steak & Lube in November 2015 followed recently by Johnny Carino’s and Logan’s Roadhouse. Last Call Guarantor, LLC (Fox & Hounds/Champps) filed for the second time since 2013. Amazingly, Buffets LLC (Old Country Buffet and Ryans) filed bankruptcy for the third time in August.

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