August 01, 2024
Restaurant chain Rubio's Coastal Grill is embracing an offer for its California and Arizona operations, saying in a notice to the Delaware bankruptcy court on Thursday that it plans to accept a $40 million credit bid from its Chapter 11 lender, secured creditor and stalking horse TREW Capital.
July 23, 2024
A Delaware bankruptcy judge on Tuesday denied a temporary restraining order requested by fast-casual seafood chain Rubio's Coastal Grill against Meta Platforms Inc., which alleged Meta violated an automatic stay in the Chapter 11 case by not running Rubio's ads after the company didn't pay fees it had incurred prepetition.
June 17, 2024
Rubio's Coastal Grill, a fast-casual restaurant chain and a Chapter 11 debtor, was hit with a putative class action in Delaware bankruptcy court that alleges it failed to provide proper notice to employees when the company shut down several locations at the time of its latest bankruptcy filing.
June 12, 2024
Fast-casual seafood dining chain Rubio's Coastal Grill asked a Delaware bankruptcy judge to sign off on its Chapter 11 auction plans, noting the company hopes to hold an auction July 30 and expects a $45 million stalking-horse credit bid from a lender will reel in competing offers for the California-based business as a going concern.
June 10, 2024
Rubio's Coastal Grill received a Delaware bankruptcy judge's initial approval on Monday to borrow $4.5 million in Chapter 11 financing, starting the California-based fish taco chain on a road it hopes will lead to a sale of the debtor's remaining assets by the first week of August.
June 07, 2024
A team of lawyers with experience in asset sales and restaurants from Raines Feldman Littrell LLP and Whiteford Taylor & Preston LLP is helping steer fish taco chain Rubio's Coastal Grill, founded in San Diego in 1983, through its second Chapter 11 case in four years.