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...

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Case Information

Case Title

Hooters of America, LLC

Case Number

8:25-bk-80078

Court

Texas Northern

Nature of Suit

Date Filed

March 31, 2025