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Luby's Shareholders Approve One of Year's Biggest US Restaurant Liquidations

Struggling Southern Comfort Food Chain Expects to Sell All Real Estate Assets
One of the few drive-thru locations in Luby's portfolio, which mostly features sit-down restaurants that are currently under liquidation. (CoStar)
One of the few drive-thru locations in Luby's portfolio, which mostly features sit-down restaurants that are currently under liquidation. (CoStar)
CoStar News
November 18, 2020 | 9:37 P.M.

Texas restaurant chain Luby's Inc. is moving forward with plans to fold after 99% of its shareholders approved of its plan to liquidate itself.

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