What is the state of Fat Brands?
This week’s episode of the Restaurant Business podcast A Deeper Dive features Hilary Russ, the editor at large of Law 360.
Hilary covers bankruptcies for Law 360 and we wanted to talk with her about the bankruptcy of Fat Brands, which runs Twin Peaks, Round Table Pizza, Fazoli’s, Johnny Rockets and several other chains.
We discuss what this bankruptcy means. We get at the complexity of the filing. We talk about the performance of the different restaurant chains before and after they were acquired.
Russ also talks about the prospect that Fat Brands CEO Andy Wiederhorn could lose control of the company, but that has not yet happened.
We also ask why Fat Brands was able to raise so much money so quickly after struggling for years to buy even the smallest chains. It’s a major question facing the company.
We’re talking Fat Brands on a Deeper Dive so please check it out.
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