Quote:
Originally Posted by OrangeBlossomBaby
I was just about to post about the bankruptcy preparations! You beat me to it. Wondering how this is going to affect the brand new Hooters being built in the Villages area (if it'll affect it at all).
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I’m not a big fan of our bankruptcy laws. Hooters will likely reorganize and stay in business by closing old properties and leaving their current creditors to lose their investment. The CEO and a few other vice presidents with large salaries have
“Parachutes” and the employees at the older properties will try and find a job elsewhere. Capitalism at its best.