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BUSINESSPennLive·16h ago

The fried chicken chain that expanded too fast — Yardbird just filed for Chapter 11

Photo · Tim Mossholder via Unsplash
AI TLDR · GEMINI

Miami-founded fried chicken chain Yardbird has filed for Chapter 11 bankruptcy. The company owes nearly $25 million to lenders, including a firm currently attempting to buy the business. The filing follows a period of rapid expansion for the restaurant chain.

The Miami-founded chain filed for Chapter 11 with nearly $25 million owed to lenders, including the firm now trying to buy it.

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