Hooters Casino Hotel Go Tits Up

[ohiosmith]

The owner of the Hooters Hotel on Monday filed for Chapter 11 bankruptcy, as the company seeks to reorganize millions of dollars of debt.

The company, 155 East Tropicana LLC, said in a statement it filed bankruptcy after negotiations over a pre-negotiated restructuring with its largest bondholder collapsed.

In its initial filing in U.S. Bankruptcy Court for Nevada listed assets of $10 million to $50 million, with liabilities of more than $100 million.

The company said the bankruptcy filing in "no way affects the operation" of Hooters restaurants, which are owned or franchised by Hooters of America LLC in Atlanta.

Link: http://www.lvrj.com/business/owner-of-hooters-casino-hotel-files-for-bankruptcy-126554338.html

[rurallib]

1. Who knew Hooters had a hotel?

What could they offer that any other hotel couldn't?

[ohiosmith]

2. :

[madinmaryland]

13. Thanks, ohiosmith. This thread would have been worthless without pictures!!

:hi:

[RedCloud]

3. Have you ever heard a hotel you some interesting things?

[nolabear]

4. CoK at that subject line!

Otherwise, no ripple in my continuum.

[MilesColtrane]

5. Thanks for keeping us abreast.

[ohiosmith]

6. My pleasure. My guess is it was ruined by the boobs in management.

:hide:

[gratuitous]

7. The owners have taken to drinking

On the theory that a little nip'll do them good.

[ohiosmith]

8. Hahahaha!

:toast:

[bluesbassman]

9. They couldn't see it coming? Must havs short mammaries.

:)

[geardaddy]

10. Sales must have been drooping.

or sagging even.

[Bake]

11. Profits had sagged into the red ...

BAke

[ohiosmith]

12. They went bust.

[WinkyDink]

14. It had to be said.

[Bake]

15. I am personally shocked at all the Hooters hate in teh Lounge!

Or maybe it was GD.

Large breasted girls gotta work too!

:hi:

Bake