Monday, March 11, 2019

Palm restaurant chain heads to bankruptcy court following heated family feud

CNBC
A family feud over restaurant Palm Steakhouse has led the company to bankruptcy court.

Just One More Restaurant, the company that licenses the Palm name to more than 20 restaurants in the U.S. and Mexico, entered Chapter 11 bankruptcy protection on Thursday, according to Thursday filing with the U.S. Bankruptcy Court in Fort Meyers, Florida. Company executives aim to negotiate a settlement over disputed royalty payments.. . . more