Hooters announced its Chapter 11 bankruptcy filing in a Texas court. This legal measure serves as a common pathway for struggling companies, allowing them to reorganize their financial operations ...

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to ...

Hooters, the restaurant chain known for its chicken wings and female servers clad in skimpy, revealing bright orange outfits, ...

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The company expects to emerge from bankruptcy within a few months, after which all restaurants will be owned by franchisees.

Hooters of America and certain of its affiliates has entered into a Restructuring Support Agreement (the “RSA”) with near unanimous support from its key stakeholders to effectuate a sale transaction ...

Restaurant chain Hooters has filed for bankruptcy - but there's plans to launch a string of 'family-friendly' eateries, ...

The restaurant chain known for chicken wings and “Hooters Girls” skimpy wait-staff outfits, has filed for bankruptcy ...

(CNN) - Hooters has filed for Chapter 11 bankruptcy, but the bar-restaurant chain known for its female wait staff in orange ...

The Atlanta-based chain, founded in 1983, has faced challenges over its business strategy and hiring practices.

The company ran into financial woes as its debts mounted, but it says it intends to stay open and resolve its troubles within ...

The company expects to complete the bankruptcy process within 90-120 days. All Hooters restaurants will remain open during the restructuring, though the company said it is reviewing its "operational ...