American Grille with Sushi, LLC, the Florida company behind restaurant LYNQ, filed for Chapter 11 bankruptcy protection on October 14. The Florida restaurant describes itself as a destination for global cuisine, music, and social gatherings. Court records show that its liabilities exceed its assets while the restaurant faces several unsecured creditor claims.
Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.
What the Court Filing Shows
Court records, as available on the PACER database, show that the restaurant submitted its Chapter 11 bankruptcy petition on October 14. The records show that the petition was signed by managing member Chris K. Whitaker. Attorney Jonathan Bierfeld of Martin Law Firm is representing the restaurant in the case.
The records show an imbalance in the company’s assets and liabilities. Through this filing, the restaurant seeks to reorganize its finances under court supervision…