Case filing & court posture: BLH TopCo LLC (Bar Louie gastropub brand) filed for Chapter 11 on March 26, 2025 in Delaware (Case No. 25-10576). Dkt. 1 Judge Craig T. Goldblatt presides. This was Bar Louie's second bankruptcy filing, having previously emerged in 2020.
Liquidity & financing path: The debtors obtained a $2.7 million DIP facility at 12.5% interest, including $1.35 million in new money and a $1.275 million roll-up. Dkt. 15 Interim order entered March 28, 2025 Dkt. 35, with final approval April 24, 2025. Dkt. 129
Restructuring outcome: The debtors pursued a plan-based reorganization. Dkt. 232 Plan confirmed via cramdown on September 26, 2025 Dkt. 377, with the prepetition lender (Bar Louie LLC) receiving 100% of new common equity in satisfaction of secured claims.
Plan effective date & post-confirmation: Plan became effective September 29, 2025. Dkt. 448 The reorganized debtors continue operations under the new capital structure.
Current status: Case remains active in post-confirmation administration. Recent filings include administrative expense motions and fee applications through December 2025. Dkt. 451
