New Chapter 11 Filing – Friendly’s Restaurants
On November 1, 2020, FIC Restaurants, Inc. of Wilbraham, MA, operator of the casual dining restaurant chain Friendly’s, filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code, along with several affiliates, in the Bankruptcy Court for the District of Delaware (Case 20-12807) in order to facilitate a private sale to Amici Partners Group. The company estimates $10 million to $50 million in assets and $50 million to $100 million in liabilities.
Cole Schotz does not represent the Debtors in the case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtor’s counsel.
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