Hooters Can Tap Full $40M DIP In Chapter 11
By Clara Geoghegan ( May 13, 2025, 9:34 PM EDT) -- Restaurant chain Hooters can tap the last $30 million of its $40 million Chapter 11 debtor-in-possession loan after it agreed to escrow disputed royalty revenue to quell a creditor's objection during a Tuesday hearing in a Texas bankruptcy court....
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