The parent of subsidiary Fuddruckers filed a petition for Chapter 11 reorganization last week. Magic Brands, LLC, which owns the restaurant chain and other restaurants, plans to sell many of its holdings. 

 

Magic Brands other holdings also include Koo Koo Roo. Both Fuddruckers and Koo Koo Roo likely will be sold to Tavistock Group Inc. 

 

If your company has considered filing for Chapter 11 reorganization, contact the Austin bankruptcy attorneys of Slater Kennon LLP, at 512-338-1100.