March 13, 2026
Bankrupt restaurant chain owner FAT Brands filed proposed sale and bidding procedures calling for a sale of its assets to close by early May, while saying it is working with its creditor groups on the final form of the procedures and on securing Chapter 11 financing.
March 13, 2026
In the week ahead, bankruptcy courts will consider issues including the Chapter 11 financing of senior-living provider Inspired Healthcare and label maker Multi-Color, multiple fee dispute settlements with Jackson Walker, and whether Fat Brands' CEO should be suspended.
March 06, 2026
In the week ahead, bankruptcy courts will consider issues including whether to put a trustee in charge of Fat Brands' Chapter 11, if an Illinois horse track can get interim financing access and Spirit Airlines' asset auction procedures.
March 02, 2026
The chief executive officer of bankrupt restaurant chain owner FAT Brands Inc. must sit for a deposition as noteholders prepare to pursue their bid to give control of the case to a Chapter 11 trustee.
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.