Dining

Out-of-court financial restructuring

Served as Assignee per a California Assignment for the Benefit of Creditors and sold the assets of this high-concept restaurant chain based in Southern California. Our approach allowed the buyer to immediately restart operations and settle litigation claims with secured creditors and others.

Force 10 led the successful restructuring of BurgerFi and Anthony’s Coal Fired Pizza, two popular dining chains known for their innovative fast-casual concepts and high-quality offerings.

Force 10 is providing a CRO and restructuring support services to this national retailer specializing in workplace refreshment solutions via vending machines.

Force 10 acted as an investment banker to the franchisee of six casual dining restaurants branded Rock & Brews. We marketed and arranged Section 363 sales of the restaurants.

Roscoe's, a chain of chicken-and-waffle restaurants, was a Trustee in Possession under Chapter 11. Force 10, serving as financial advisor to the Official Committee of Unsecured Creditors, developed and confirmed an unsecured creditor Plan of Reorganization. As Plan Administrator, we ensured the reorganization proceeded as specified. Force 10 reduced IRS claims by $11 million, structured and monitored a $40 million real estate collateral package, monitored operations, and resolved covenant issues while collecting cash flow for the benefit of Plan beneficiaries.

Force 10 oversaw the post-Chapter 11 Plan of Reorganization for this well-known chain of chicken-and-waffle restaurants.

Force 10 led the successful restructuring of Rubio’s Coastal Grill, a popular casual dining chain known for its coastal Mexican cuisine.