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Razzoo’s Filed for Chapter 11 Amid Pandemic Fallout and Rising Costs - USA Herald
Summary by USA Herald
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Razzoo’s Filed for Chapter 11 Amid Pandemic Fallout and Rising Costs - USA Herald
The flavors of New Orleans met the storm of Wall Street this week as Cajun restaurant chain Razzoo’s filed for Chapter 11 protection in Texas bankruptcy court. The company, best known for its spicy fare and rowdy dining atmosphere, said pandemic-driven shifts in consumer behavior and the crushing weight of leases forced its hand. CEO Razzoo's filed for Chapter 11 in Texas bankruptcy court, seeking relief from debt and lease burdens.
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