The app-based food delivery service is initiating bankruptcy proceedings in Canada, and it's leaving behind just over $4.7 million in debt that it doesn't plan to pay back to its creditors including many small businesses and restaurants. Shifting consumer spending patterns, a rise in online shopping and record-high … Your existing password has not been changed. Orlando, Florida-based Earl Enterprises, the parent company of Planet Hollywood and Buca di Beppo, has reopened 49 locations and plans to reopen seven more in the coming weeks. {* backButton *} by The Associated Press. "This was an emotional decision for us.". #coronavirus #socialdistancing #roncy #toronto. Even worse, they seemingly need to be updated with more bankruptcies each and every week. Alicia Kelso Senior Contributor. Here's how, Use of this Website assumes acceptance of Terms & Conditions and Privacy Policy, Published Monday, November 9, 2020 5:44PM EST, Last Updated Monday, November 9, 2020 5:50PM EST, Ontario will reveal reopening details next week as state of emergency nears expiration, Ontario reports more than 1,600 new COVID-19 cases, 45 deaths while citing 'overestimation' in Toronto, Video captures garbage truck losing control before multi-vehicle crash in Etobicoke, Legendary Canadian actor Christopher Plummer dies at 91, Ontario woman's priceless reaction to winning $500,000 Plinko prize caught on camera, All Black female-led production team take Toronto-based film to Sundance, Acclaimed Canadian actor Christopher Plummer dies at 91, Tam on when Canadians can start returning to normal life, WARNING: Police in Barrie, Ont. Last Updated Nov 2, 2020 at 3:14 pm EST Published Monday, November 9, 2020 5:44PM EST Last Updated Monday, November 9, 2020 5:50PM EST A person is seen serving food in a restaurant in this file photo. It sold all of its 98 locations to New York-based Aurify Brands, which planned to reopen 40 of them. An upscale Toronto restaurant group has filed for creditor protection, blaming the COVID-19 pandemic for bringing their business to a "devastating halt.". The parent company of Brio and Bravo restaurants filed for Chapter 11 bankruptcy in April and permanently shuttered 48 out of nearly 100 locations. Mother takes children from Ont. Once the coronavirus pandemic hit and … Posted Nov 2, 2020 3:06 pm EST. King Street Company Inc., the organization that owns Jacobs And Co. Steakhouse, Buca, La Banane and Kensington chocolate shop CXBO Chocolates, has announced that it is in financial trouble after being hit hard by the COVID-19 … BJ’s Restaurants. And memories. While J.Crew has filed for Chapter 11 Bankruptcy, its online operations will remain open throughout the restructuring. NPC owns 1,225 Pizza Huts and 385 Wendyâs in 27 states. This page provides - Canada Bankruptcies - actual values, historical data, … An early victim of the effects of COVID-19, bakery, sandwich, … Are expired Ontario identification and licence plate stickers still valid in 2021? â Garden Fresh Restaurants: The owner of the buffet chains Souplantation and Sweet Tomatoes filed for Chapter 7 bankruptcy on May 14 and liquidated, closing all of its 97 restaurants. Please contact us. By Chloe, the fast-casual chain known for its vegan burgers and salads, filed for Chapter 11 bankruptcy with plans to sell itself after the Covid-19 pandemic hampered liquidity. Editors' Pick | Oct 20, 2020, 01:59pm EDT | Many Restaurant Companies May Be Holding Off On Bankruptcy Until The COVID-19 Uncertainty Fades . King Street Company Inc., which is the brand behind the popular restaurants Buca, Bar Buca, La Banane, Jacobs & Co. Steakhouse and CXBO, was granted creditor protection last Friday, the company said. Investors urged to be cautious buying into stock market frenzy, Online investment scam costs Toronto-area woman $80,000, 'Milkman model' grocery service delivers brand-name goods in reusable containers, Free app helps people find the perfect sized shoes for their feet, Location of all COVID-19 workplace outbreaks in Toronto to be released, including major incident with nearly 70 cases, New Vaughan, Ont. Year for retail bankruptcies of 2020, many restaurants across the city are struggling to stay afloat 've an. The Maryville, Tennessee-based casual chain filed for bankruptcy so far instructions to create a new.... What we saw in all of 2008 popular vegan fast-food chain by CHLOE 's parent company has reportedly for. 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