25 Fatburgers sold in bankruptcy auction

Chain still faces legal hurdles over Ch. 11 filings

Twenty-five Fatburger locations up for sale as part of ongoing bankruptcy proceedings brought in a better-than-expected $7.4 million in an auction last week, but the chain remains embroiled in legal challenges.

Parent company Fatburger Corp. and its chief executive, Andrew Wiederhorn, are battling eight lawsuits filed by unsecured creditors who are charging the fraudulent transfer of company assets prior to the bankruptcy filing of two corporate operating subsidiaries.


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