Johnny Rockets Parent Seeks Bankruptcy

FAT Brands, the owner of restaurant concepts including Fatburger and Johnny Rockets, has filed for bankruptcy amid legal troubles and a ballooning pile of debt.

- BY ALICIA MCELHANEY AND BECKY YERAK

Beverly Hills, Calif.-based FAT Brands filed alongside Twin Hospitality Group, the Dallas-based operator of Twin Peaks and Smokey Bones, in which it has a roughly 95% stake. The two companies filed for bankruptcy in the Southern District of Texas