Another chain restaurant has filed for bankruptcy, closing locations and leaving employees “heartbroken” over losing their “second home.”
This comes just one week after Razzoo’s Cajun Cafe abruptly closed its Corpus Christi, Texas, location without warning to employees, per local outlet, KRIS 6 News. Now, the restaurant chain and its parent company have filed for Chapter 11 bankruptcy protection. Court documents filed on October 1 show that Razzoo’s, Inc. and its parent, Razzoo’s Holdings, Inc., are seeking relief to restructure their finances.
Razzoo’s Holdings and Razzoo’s Inc. filed for bankruptcy jointly. Although Razzoo’s Holdings owns 100% of Razzoo’s Inc., they are legally separate companies with their own debts.
The bankruptcy filing states that the board of directors for Razzoo’s Holdings decided filing for Chapter 11 protection was “desirable and in the best interests of the Debtors, their respective shareholders, creditors and other parties in interest.” According to board resolutions from September 17, 2025, the board “reviewed the materials presented by the management of the Company regarding the liabilities and liquidity situation” before deciding to file for both entities…