Hooters Can Tap $5M Of Its $40M In Proposed Ch. 11 Loans <https://www.law360.com/mergersacquisitions/articles/2320291?nl_pk=34b724c6-95c5-49a3-b963-aea9d35fbb95&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2025-04-03&read_main=1&nlsidx=0&nlaidx=11> By Emily Lever Bankrupt restaurant chain Hooters of America LLC can access $5 million in interim financing from a $40 million debtor-in-possession package from its prepetition lenders as it transitions to a franchise-only model, a Texas bankruptcy judge said Wednesday. Petition attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/2320291?nl_pk=34b724c6-95c5-49a3-b963-aea9d35fbb95&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2025-04-03&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/2320291?nl_pk=34b724c6-95c5-49a3-b963-aea9d35fbb95&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2025-04-03&read_later=1&nlsidx=0&nlaidx=11>