Fatburger owner FAT Brands files Chapter 11 bankruptcy, pulling Twin Peaks parent Twin Hospitality into court
HOUSTON, January 27, 2026, 19:59 CST FAT Brands, the parent company of Fatburger and Johnny Rockets, filed for Chapter 11 bankruptcy protection in Houston late Monday. Its affiliate, Twin Hospitality Group—which owns Twin Peaks and Smokey Bones—also made the filing. Chapter 11 lets U.S. companies reorganize their debt without shutting down. These filings highlight franchise-heavy chains that loaded up on…