Fired Up Inc., the operator or franchisor of nearly 100 Johnny Carino’s Italian restaurants, has filed for Chapter 11 bankruptcy protection. The Austin, Texas-based company had been attempting an “out of court” turnaround, closing 19 unprofitable restaurants in the past six months, but the decision to seek Chapter 11 protection would hopefully ensure and accelerate that effort, officials said. In a declaration filed with the United States District Court, Fired Up chief ...
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Contact: Desiree Torres Desiree.Torres@penton.com