The parent company of a string of well-known casual dining and fast-casual restaurant brands has filed for bankruptcy as financial pressures squeeze operations nationwide. The Chapter 11 filing comes as several units have already shuttered locations in recent months.
Bankruptcy filing announced
FAT Brands, the Los Angeles-based owner of concepts including Fatburger, Round Table Pizza, Johnny Rockets, and Fazoli’s, filed for Chapter 11 bankruptcy protection in late January 2026. The move is designed to help the company reorganize its debt and strengthen its capital structure while continuing operations. FAT Brands oversees a portfolio of roughly 18 restaurant brands with more than 2,200 locations worldwide.
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