TGI Fridays Gets OK On Bid Process As It Seeks Out Buyers

By Alex Wittenberg · November 20, 2024, 2:36 PM EST

A Texas bankruptcy judge on Wednesday approved TGI Fridays' procedures for contacting and selecting prospective buyers for its assets after the struggling restaurant chain said it was in discussions with at...

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Bankruptcy Scorecard

Summary

International fast casual dining chain TGI Fridays filed for bankruptcy with plans to sell itself in Chapter 11.

Case Number

24-bk-80069

Judge

Brendan L. Shannon

Venue

U.S. Bankruptcy Court for the Northern District of Texas

Capital Structure

Total Liabilities:

$151 million

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Related Sections

Case Information

Case Title

TGI Friday's Inc.

Case Number

8:24-bk-80069

Court

Texas Northern

Nature of Suit

Date Filed

November 02, 2024

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