Houlihan’s Restaurants, saddled with debt, walked into bankruptcy court this week with a $5 million loan and a $40 million deal with Landry’s, another restaurant operator, to take over the chain and assume some of its liabilities.
Debt Forces Houlihan’s Restaurants Into Seeking Chapter 11 Bankruptcy Protection
Landry's CEO Tilman Fertitta, Industry’s Go-To Bidder, Emerges With $40 Million Deal for Chain
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IN THIS ARTICLE
- Properties
- Houlihan's
4900 119th St, Leawood, KS