Yahoo · Jan 28, 2026
Parent companies of Fazoli's, Twin Peaks file for Chapter 11 bankruptcy
Jan. 27—The parent companies behind two area restaurant chains have filed for Chapter 11 bankruptcy, citing heavy debt from aggressive acquisitions and cash issues. FAT Brands and Twin Hospitality Group Inc. claim Fazoli's and Twin Peaks among their brands. "The chapter 11 process will enable us to strengthen our balance sheet and create financial flexibility to advance this growth. We plan to ...

