TGI Friday's Inc.

  1. November 06, 2024

    Meet The Attys Behind TGI Fridays' Bankruptcy

    Casual dining chain TGI Fridays Inc. has assembled a team of lawyers from Ropes & Gray LLP and Foley & Lardner LLP to help it with the Chapter 11 it initiated in Texas to cope with almost $151 million in debt and pursue a sale.

  2. November 05, 2024

    Catching Up With New Bankruptcy Case Action

    Several companies sought Chapter 11 bankruptcy protection this week, reflecting diverse challenges across industries. TGI Fridays and Rainbow Production Services cited economic pressures and a post-COVID downturn, while Star Transportation and New Jersey nonprofit CarePoint Health Systems pointed to rising costs and funding issues that intensified after the pandemic. 

  3. November 04, 2024

    TGI Fridays Restaurant Chain Hits Ch. 11, Blaming Pandemic

    Casual dining chain TGI Fridays Inc. filed for Chapter 11 protection in Texas with nearly $151 million in debt, blaming the COVID-19 pandemic and its capital structure and planning a sale within two months.