TGI Friday’s files Chapter 11 bankruptcy

On November 2, 2024, TGI Friday’s Inc., located in Dallas, TX filed a petition for bankruptcy under Chapter 11 In the United States Bankruptcy Court District for the...

By Bill Zentner
November 4, 2024
1 min read

On November 2, 2024, TGI Friday’s Inc., located in Dallas, TX filed a petition for bankruptcy under Chapter 11 In the United States Bankruptcy Court District for the Northern District of Texas under case number 24-bk-80069.. 

Petition content showed that the estimated number of creditors to range between 1000 and 5000.  Estimated assets were reported to range between $100 million and 500 million, while estimated liabilities were of the same range.  The petition showed that “funds will be available for distribution to unsecured creditors.”

The attorney handling the case is Holland N. O’Neil of Foley & Lardner LLP, Dallas, TX.  Attorney contact information is as follows: (P) 214.999.3000 & (E) honeil@foley.com.

Multiple related-party TGI Friday’s, Inc. entities have also filed for protection under chapter 11, and can be viewed in the attached filing.

Bill Zentner is the vice president of rating services for Blue Book Services.

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