Fatburger Divisions File For Bankruptcy, While CPK Booms
Categories: News
Seems we're not even buying burgers any more.
On the other hand, maybe we're starting to think that it's not all doom and gloom, and that we might live beyond 2010.
Two divisions of the struggling Fatburger chain, Fatburger Restaurants of California and Fatburger Restaurants of Nevada, have both filed for Chapter 11 bankruptcy protection.
There's no talk so far of locations shuttering, and parent company Fog Cutter Capital Group, which has been struggling to repay loans, says the move will hopefully allow the company to ride out the storm, as leases can now be renegotiated.
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What next? Boomtime at Souplantation, as we all start to believe in Obama's "glimmers of hope"?
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