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American Blue Ribbon Holdings and affiliated Village Inn and Bakers Square restaurants emerge from bankruptcyAmerican Blue Ribbon Holdings and affiliated Village Inn and Bakers Square restaurants emerge from bankruptcy

Reorganization separates Legendary Baking from the two family-dining chains

Bret Thorn, Senior Food Editor

September 14, 2020

2 Min Read
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American Blue Ribbon Holdings LLC, which filed for Chapter 11 bankruptcy protection in January, has emerged from the debt reorganization as two separate companies, the Nashville, Tenn.-based parent of Village Inn and Bakers Square restaurant chains and baked-goods manufacturer Legendary Baking said Monday.

One of those companies VIBSQ Holdings LLC, will operate and franchise the restaurants — 21 company-owned and 118 franchised Village Inn restaurants, and 14 company-owned Bakers Square restaurants. The other company, Legendary Baking Holdings LLC, owns and operates Legendary Baking, which has consolidated all of its operations in a 60,000-square-foot facility in Chaska, Minn.

“The confirmation of the Plan by the Court results in a healthy capital structure and foundation for each of the businesses to optimize their value,” American Blue Ribbon Holdings CEO Craig Barber said in a statement. “The emergence of the businesses from the reorganization process is especially rewarding given the challenges since March with COVID related restrictions. We look forward to fulfilling a singular focus on delivering value for the benefit of all stakeholders, including our customers, employees, franchisees, suppliers, creditors and owner. We are truly excited for the days and years ahead.”

Related:Village Inn-Bakers Square parent files Chapter 11, closes 33 units

While O’Charley’s and Ninety Nine restaurants share common ownership and leadership, the restructuring of American Blue Ribbon Holdings did not involve or affect the operations of those two concepts.

At the time of its bankruptcy, American Blue Ribbon Holdings had 159 Village Inn Locations and 22 Bakers Square units. Both are family-dining concepts. Their previous parent, Vicorp Restaurants Inc., based, like Village Inn, in Denver, also filed for Chapter 11 bankruptcy protection, in 2008, and in 2009 sold the chains to American Blue Ribbon Holdings, which was formed by Fidelity National Financial Inc. of Jacksonville, Fla., and Newport Global Advisers of The Woodlands, Texas.

Contact Bret Thorn at [email protected] 

Follow him on Twitter: @foodwriterdiary

About the Author

Bret Thorn

Senior Food Editor, Nation's Restaurant News

Senior Food & Beverage Editor

Bret Thorn is senior food & beverage editor for Nation’s Restaurant News and Restaurant Hospitality for Informa’s Restaurants and Food Group, with responsibility for spotting and reporting on food and beverage trends across the country for both publications as well as guiding overall F&B coverage. 

He is the host of a podcast, In the Kitchen with Bret Thorn, which features interviews with chefs, food & beverage authorities and other experts in foodservice operations.

From 2005 to 2008 he also wrote the Kitchen Dish column for The New York Sun, covering restaurant openings and chefs’ career moves in New York City.

He joined Nation’s Restaurant News in 1999 after spending about five years in Thailand, where he wrote articles about business, banking and finance as well as restaurant reviews and food columns for Manager magazine and Asia Times newspaper. He joined Restaurant Hospitality’s staff in 2016 while retaining his position at NRN. 

A magna cum laude graduate of Tufts University in Medford, Mass., with a bachelor’s degree in history, and a member of Phi Beta Kappa, Thorn also studied traditional French cooking at Le Cordon Bleu Ecole de Cuisine in Paris. He spent his junior year of college in China, studying Chinese language, history and culture for a semester each at Nanjing University and Beijing University. While in Beijing, he also worked for ABC News during the protests and ultimate crackdown in and around Tiananmen Square in 1989.

Thorn’s monthly column in Nation’s Restaurant News won the 2006 Jesse H. Neal National Business Journalism Award for best staff-written editorial or opinion column.

He served as president of the International Foodservice Editorial Council, or IFEC, in 2005.

Thorn wrote the entry on comfort food in the Oxford Encyclopedia of Food and Drink in America, 2nd edition, published in 2012. He also wrote a history of plated desserts for the Oxford Companion to Sugar and Sweets, published in 2015.

He was inducted into the Disciples d’Escoffier in 2014.

A Colorado native originally from Denver, Thorn lives in Brooklyn, N.Y.

Bret Thorn’s areas of expertise include food and beverage trends in restaurants, French cuisine, the cuisines of Asia in general and Thailand in particular, restaurant operations and service trends. 

Bret Thorn’s Experience: 

Nation’s Restaurant News, food & beverage editor, 1999-Present
New York Sun, columnist, 2005-2008 
Asia Times, sub editor, 1995-1997
Manager magazine, senior editor and restaurant critic, 1992-1997
ABC News, runner, May-July, 1989

Education:
Tufts University, BA in history, 1990
Peking University, studied Chinese language, spring, 1989
Nanjing University, studied Chinese language and culture, fall, 1988 
Le Cordon Bleu Ecole de Cuisine, Cértificat Elémentaire, 1986

Email: [email protected]

Social Media:
LinkedIn: https://www.linkedin.com/in/bret-thorn-468b663/
Facebook: https://www.facebook.com/bret.thorn.52
Twitter: @foodwriterdiary
Instagram: @foodwriterdiary

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