801 Restaurant Group Files for Chapter 11 Bankruptcy to Restructure Debt
The family-owned 801 Restaurant Group filed for Chapter 11 bankruptcy on April 10 in Kansas court, citing the need to restructure debt while keeping operations running. The filing lists liabilities of about $18.7 million, stemming mainly from closures of specific locations. Individual restaurant companies are not affected and continue operating successfully.
Substrate placeholder — needs reviewNew York Post reported that 801 Restaurant Group filed for Chapter 11 bankruptcy on April 10 in Bankruptcy Court in Kansas.
The group cited the need to restructure debt and keep operating its restaurants in the bankruptcy filing, according to 801 Restaurant Group. 7 million in bankruptcy documents. The bankruptcy case will remain active through the spring with hearings scheduled for May, New York Post reported.
The purpose of the Chapter 11 filing is to restructure these and other obligations for which 801 Restaurant Group has liability, according to 801 Restaurant Group.
The companies that own and operate the restaurants are not in bankruptcy, according to 801 Restaurant Group.
There are no plans or need for the companies that own and operate the restaurants to file bankruptcy, the group stated. The individual restaurant companies operating successfully are not impacted by 801 Restaurant Group's Chapter 11 filing, according to 801 Restaurant Group. As of April 16, none of the 801 Chophouse locations have closed, New York Post reported.
Reservations remain available at multiple 801 Chophouse locations nationwide, according to New York Post.
801 Chophouse has locations in Des Moines, Iowa; Omaha, Nebraska; Leawood, Kansas; Kansas City, Missouri; St.
Louis; Minneapolis; Denver; and Tysons Corner, Virginia, New York Post reported. The financial problems of 801 Restaurant Group have stemmed mostly from the closure of 801 Fish in downtown Denver and 801 On Nicollet, formerly 801 Fish, in Minneapolis, according to 801 Restaurant Group.
801 On Nicollet abruptly shuttered before the bankruptcy filing became public, five months after it opened, according to Twin Cities Business Journal.
801 Restaurant Group is family-owned, New York Post reported.
801 Restaurant Group was founded in 1993, according to New York Post. 801 Restaurant Group has several 801 Fish and 801 Local locations beyond its anchor 801 Chophouses, New York Post reported. 801 Chophouse is a chain of upscale steakhouses, according to New York Post.
Transparency
The rewrite presents a neutral, factual account of the bankruptcy filing with no detected slanted language, speculation, or misdirection.
The bankruptcy filing enables 801 Restaurant Group to restructure debt effectively, safeguarding its successful locations and ongoing operations.
Reported by a single outlet. This score reflects source tier and factual specificity — corroboration is limited with one source.
Sources framed at 25 → our rewrite 0. We stripped 25 points of framing the sources carried in.
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