“…as part of doing the bankruptcy, they closed 12 locations. It’s a way of pairing things back and streamlining…”

Bloomberg Law · NY AG James in Spotlight & Restaurant Chain Bankruptcies

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16:55

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What was described

close 12 True Food Kitchen locations as part of the Chapter 11 restructuring to streamline operations

12 locations

Said nearby on the same subject

“…sometimes you have these pre-packed plans … a sponsor essentially before you file the Chapter 11…”
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Said on Bloomberg Law
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“The 12 restructurings that have been done so far have reduced $63 billion of debt to $27 billion”
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Said on Slate Money
Hard number $63 billion → $27 billion Share this moment
“I was in there. And I tell you what, I reorganized that mail room. I wrote the instruction manual. And within three months, they actually did a restructure and I managed to get a job in the restructure as a media advisor.”
SM
Sarah Meikle
The SME Stream ·
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“They streamlined people's care… they operated from a hub model and families could access all of those services in the one place”
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Said on Speak Up
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