Bennigan's is Bankrupt

2007-05-10_Bennigan's Monte Cristo

It's a sad day in America. Bennigan's just closed half their stores and filed for Bankruptcy.

From CNN:

NEW YORK (AP) -- Restaurant chains Bennigan's and Steak & Ale have filed for Chapter 7 bankruptcy protection and will shut their doors, less than two months after their parent company said it was not preparing to do so.

The companies filed for bankruptcy protection on Tuesday in the Eastern District of Texas. Their parent company - privately held Metromedia Restaurant Group - is based in Plano, Texas.

In a Chapter 7 bankruptcy filing, a company seeks to liquidate its assets and shut down.


Finding a Bennigans on the road was always a rare treat. There I could gorge myself on the cardioligist's accountant's dream -- the awesome Bennigan's Monte Cristo.

Does this mean I'll now have to eat reasonably everywhere now?

1 comment:

Unknown said...

I have not been to one in ages, and that was in Chicago, we never had them up here in WI. It keeps happening though, we see more and more places closing their doors. Happened to Hudson Grill here and we loved their food and atmosphere.