A Delaware bankruptcy judge has approved the sale of bankrupt CraftWorks Holdings to its secured lender, Fortress Credit, for $93 million. Read More
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CraftWorks Holdings Lays Off 18,000 Employees and Ends Healthcare Benefits
Craftworks Holdings, parent company of Gorden Biersch, Rock Bottom, Old Chicago and Logan’s Roadhouse, has laid off its nationwide staff of 18,000 people. Read More
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CraftWorks Holdings Files for Chapter 11 Bankruptcy Protection
After closing 37 restaurants recently, Craftworks Holdings filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. Read More