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Chuck E. Cheese Parent Gets Go-Ahead to Exit Bankruptcy With Fewer Venues

Bankruptcy Eliminated $489 Million of Debt, Gave CEC Entertainment $200 Million in Funds, Attorney Says
Chuck E. Cheese filed for Chapter 11 bankruptcy protection in June. (Justin Sullivan/Getty Images)
Chuck E. Cheese filed for Chapter 11 bankruptcy protection in June. (Justin Sullivan/Getty Images)
CoStar News
December 16, 2020 | 2:24 AM

The parent company of Chuck E. Cheese is providing one recipe for nationwide restaurant chains emerging from bankruptcy court protection from creditors. A key ingredient: fewer properties.

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  • Properties