Hooters Hits Ch. 11 With Plans For Restaurant Sales <https://www.law360.com/mergersacquisitions/articles/2318323?nl_pk=34b724c6-95c5-49a3-b963-aea9d35fbb95&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2025-04-01&read_main=1&nlsidx=0&nlaidx=11> By Rick Archer Restaurant chain Hooters filed for Chapter 11 protection in a Texas bankruptcy court late Monday with about $380 million in debt, saying it has reached a deal to shed its company-owned restaurants and trade debt for equity. Petition attached | Read full article » <https://www.law360.com/mergersacquisitions/articles/2318323?nl_pk=34b724c6-95c5-49a3-b963-aea9d35fbb95&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2025-04-01&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/mergersacquisitions/articles/2318323?nl_pk=34b724c6-95c5-49a3-b963-aea9d35fbb95&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2025-04-01&read_later=1&nlsidx=0&nlaidx=11>