Buca di Beppo files for bankruptcy, promises business as usual in Seattle

  • 📰 fox13seattle
  • ⏱ Reading Time:
  • 17 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

Us News

Wa,King County,Seattle

On the heels of closing locations across the U.S. in recent weeks, Buca di Beppo has filed for bankruptcy, court documents filed Monday show.

The restaurant chain announced it has voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. This type of filing is a legal process that allows a business to restructure its debts and operations to regain financial stability while continuing regular operations. There is only one Buca di Beppo in the Pacific Northwest, located on Westlake Ave. in Seattle, Washington. The nearest Buca di Beppo is in Roseville, California.

"Buca di Beppo has been a beloved gathering place for celebrations and memorable meals for many years, and we are enthusiastic about entering this next phase of our brand's story." The company says its restaurants will operate as usual. All gift cards, reservations and promotional services will remain in place.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 328. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines