February 27, 2026
Bankruptcy courts are set to tackle in the coming weeks issues ranging from an exchange of discovery requests flung between Fat Brands and a noteholder group, US Magnesium's request to sell a turbine package and Meyer Burger's Chapter 11 plan and disclosure.
February 26, 2026
Fat Brands creditors that hold $990 million in debt accused it of failing to respond to its discovery requests ahead of a hearing on the creditors' motion to appoint a Chapter 11 trustee in the case.
February 10, 2026
FAT Brands creditors that hold $990 million in debt told a Texas bankruptcy judge Tuesday they have "profound concern" about the debtor's leadership, days after urging the court to temporarily suspend the company's CEO Andrew Wiederhorn, who sold $3.1 million in equity without court approval.
February 06, 2026
FAT Brands creditors asked a Texas bankruptcy judge Thursday to suspend the restaurant franchiser's CEO Andrew Wiederhorn, arguing that within days of filing Chapter 11, Wiederhorn sold $3.1 million in equity without court approval, proving he's "dictatorial" and is "incapable of distinguishing a public company's property from his own."
February 06, 2026
Bankruptcy judges this week are set to consider granting approval of billions of dollars in Chapter 11 financing to support Saks, a request by FAT Brands investors to suspend the company's CEO, and bidding procedures for an asset sale by urgent care clinic operator Carbon Health.
February 05, 2026
FAT Brands is asking a Delaware bankruptcy judge for permission to use the proceeds from a sale of new shares in one of its subsidiary restaurant chains, saying it needs the more than $3 million in cash to fund its Chapter 11 case.
February 03, 2026
Product label maker Multi-Color Corp. entered Chapter 11 in New Jersey, the company that owns Fatburger filed for bankruptcy in Texas, and a Missouri-based packaging company sought insolvency protection in New Jersey.
January 30, 2026
A team of lawyers from Hunton Andrews Kurth LLP and Latham & Watkins LLP are representing FAT Brands Inc., the owner of Fatburger and Johnny Rockets, in its Texas Chapter 11 case.
January 28, 2026
A Texas bankruptcy judge on Wednesday granted FAT Brands Inc., owner of Fatburger and Johnny Rockets, interim approval to use cash collateral after the debtor and certain noteholders reached an agreement on the terms of the cash collateral budget.
January 27, 2026
FAT Brands Inc., the owner of Fatburger and Johnny Rockets, and its affiliates have filed for Chapter 11 protection in a Texas bankruptcy court with $1.45 billion in funded debt, felled by an unsustainable debt load and flagging liquidity.