Bar Louie to Continue Normal Operations During Chapter 11 Restructuring

PR Newswire

DALLAS, March 27, 2025

DALLAS, March 27, 2025 /PRNewswire/ -- Bar Louie announced today that it has reached an agreement with its lender to reduce debt and support the company through a Chapter 11 restructuring plan for its 31 corporate-owned locations. Operations will continue without interruption.

To facilitate the financial restructuring, Bar Louie has voluntarily filed for Chapter 11 protection in the United States Bankruptcy Court for the District of Delaware. This process is not expected to impact the company's day-to-day operations. Prior to the filing, Bar Louie closed underperforming locations to enhance its financial stability.

The company has secured commitments from its lender for debtor-in-possession $(DIP)$ financing, ensuring it can maintain operations, complete the restructuring process, and meet obligations to employees and suppliers.

Court filings and related documents can be accessed through the claims agent, Stretto, Inc., at https://cases.stretto.com/barlouie.

Company Advisors

Raines Feldman Littrell LLP is serving as legal counsel for Bar Louie.

About Bar Louie

Founded in downtown Chicago in 1990 and headquartered in Dallas, Texas, Bar Louie is the original Gastrobar, known for its award-winning, vibrant neighborhood bars. Bar Louie is recognized for its signature handcrafted martinis, cocktails, and a diverse menu featuring appetizers, burgers, and sandwiches served daily until close.

For more information, visit www.barlouie.com.

Media Contact:

Leslie Crook

lcrook@barlouie.com

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SOURCE Bar Louie

(END) Dow Jones Newswires

March 27, 2025 18:54 ET (22:54 GMT)