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In July 2008, all of Bennigan's 150 corporate locations across the US were closed due to parent company Metromedia Restaurant Group of Plano, Texas filing for Chapter 7 bankruptcy protection [5] and initially the firm's 138 franchisee-owned locations remained open, but many later closed in the months and years after the bankruptcy filing ...
Metromedia Restaurant Group formerly operated certain Bennigan's and Steak and Ale restaurants under the S&A Restaurant Group division. This division was forced into an involuntary Chapter 7 liquidation by its lender, GE Capital, in August 2008, and closed over 300 company-owned Bennigan's and Steak & Ale restaurants. [2]
“When (Bennigan’s) left, we cried,” fans said. Now it’s back.
After its S&A Restaurant Group division was forced into an involuntary Chapter 7 liquidation by its lender, GE Capital, in August 2008, and closed over 300 company-owned Bennigan's and Steak & Ale restaurants, [13] the chain's parent company, Metromedia Steakhouses Company, filed for Chapter 11 bankruptcy in 2008, although it planned to ...
In 2008, Bennigan’s filed for bankruptcy and shuttered locations nationwide. Since then, the company has slowly picked up again, opening a few Bennigan’s and Bennigan’s On the Fly locations.
When you think of the great American restaurants of the past, Bennigan’s, the sit-down chain styled as an Irish pub, likely comes to mind. Its cozy dark-wood atmosphere dotted cities and suburbs ...
In 2013, a Facebook page was created for the comeback of Steak and Ale and Bennigan's CEO Paul Mangiamele announced that the chain will be part of Bennigan's comeback concept. [4] On February 11, 2015, CEO Paul Mangiamele and his wife, Gwen, closed on a management buyout of the company from its parent private equity firm, for an undisclosed price.
TFI Friday's did not immediately respond to CBS MoneyWatch's request for comment on last week's restaurant closures. The company has not released a list of the locations that have closed.