Bar Louie: $70M Balance-Sheet Restructuring and Lender Equity Takeover
Bar Louie filed chapter 11 in Delaware on March 26, 2025 — its second in five years — carrying ~$70 million in funded debt. A prepetition sale process failed, and QSR 10 acquired the lender claims and received 100% of reorganized equity when the plan went effective on September 29, 2025.