Bennigan's, Steak & Ale file for bankruptcy

NEW YORK – Bennigan’s and Steak & Ale have filed for Chapter 7 bankruptcy protection. Stores owned by the chains’ parent company will shut their doors.

Parent company Metromedia Restaurant Group filed for bankruptcy on Tuesday in the Eastern District of Texas. Reports said it wasn’t clear if franchisee-owned stores would be closing.

Neither Bennigan's nor the Metromedia Restaurant Group returned calls for comment from media outlets. A lawyer listed in the filing, J. Michael Sutherland of Carrington, Coleman, Sloman & Blumenthal LLP, did not return a call.

According to a recorded message on the law firm's answering system, not all stores using the Bennigan's and Steak & Ale names have filed for bankruptcy and some franchise locations were not included in the filing.

The filing reportedly lists 38 separate entities that it classified as "debtors" but does not include a list of locations that are shutting down.

Source: Associated Press

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