A restaurant in financial trouble has more options than closing. The number of options shrinks every month an owner waits. Landlords, lenders, the SBA, taxing authorities, and employees with wage claims each move on their own timeline, and personal guarantees mean the owner’s exposure often follows the business.
Andreas advises restaurant owners on out-of-court workouts, orderly wind-downs, Chapter 11 and Subchapter V reorganizations, leases in bankruptcy, and asset sales. The work starts with a clear assessment of what the business can support and what the owner personally stands to lose, followed by a plan that accounts for both.
The guides below cover the decisions owners face before and during a restructuring, starting with the 90 days before filing.
