International franchising firm FAT Manufacturers on Jan. 26 filed Chapter 11 within the U.S. Chapter Courtroom for the Southern District of Texas. The submitting consists of its Dallas-based affiliate Twin Hospitality Group, which was spun off in January 2025 and runs the Twin Peaks and Smokey Bones informal eating manufacturers.
Los Angeles-based FAT Manufacturers has a portfolio of 18 restaurant ideas encompasses greater than 2,200 places worldwide, together with Hurricane Grill & Wings, Fatburger, Johnny Rockets, and Spherical Desk Pizza. Eating places are anticipated to stay working as typical in the course of the Chapter 11 course of, whereas buying and selling of FAT Manufacturers’ securities (NASDAQ: FAT) is predicted to proceed with a “Q” suffix throughout this era.
In keeping with experiences, FAT Manufacturers, which stands for “contemporary, genuine, tasty,” goals to restructure greater than $1.4 billion in debt tied to its aggressive acquisition technique. The Chapter 11 submitting will give the corporate time to stabilize operations and negotiate with its lenders.
The sports activities bar chain Twin Peaks, based in 2005, is understood for its chilly beer and scantily clad “Twin Peaks Woman” servers. The barbeque sports activities bar idea Smokey Bones, acquired by FAT Manufacturers in 2023, was initially based by Darden Eating places in 1999.
This primary restaurant chapter report of the 12 months following a rash of Chapter 11 filings in fall 2025, together with Razzoo’s Cajun Café, Pinstripes, Abuelo’s and Iron Hill Brewery & Restaurant.
