E-Brands Restaurants files for Ch. 11

Operator of high-end restaurants 'severely affected' by economy

E-Brands Restaurants LLC, the owner of a dozen high-end restaurants located around the country, has filed for Chapter 11 bankruptcy protection as a result of economic pressures.

According to court filings, E-Brands said its restaurants “have been severely affected by the U.S. macro economy, which has resulted in a transient decline in earnings and cash flow.” The seven-year-old company said net sales fell from $56.7 million in 2008 to about $43.8 million in 2009, a 22.8-per

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.