Popular Italian Restaurant Chain Just Filed For Bankruptcy

This year has been filled with numerous restaurant bankruptcy filings, and yet another one just got added to the list. About a week after closing 13 underperforming locations, Italian restaurant chain Buca di Beppo announced that it has filed for Chapter 11 bankruptcy.

In a press release, the company said this move is "aimed at optimizing operations and enhancing the dining experience."

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According to the filing, Buca di Beppo owes at least $15 million to $50 million to at least 30 creditors, as reported by