Fast-casual restaurant and catering chain Cosi is entering bankruptcy for the second time in four years, weeks after shuttering numerous stores. The company, which has locations across the U.S., filed for Chapter 11 this week with the stated goal of creating “a stronger version of itself,” the Wall Street Journal reported. In a filing, the company reported $30.7 million in secured debt and $6 million to trade creditors. Abandoned leases may cost the company another
source https://therealdeal.com/2020/02/26/restaurant-chain-cosi-files-for-bankruptcy-after-store-closings/
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