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One of nation's biggest restaurant groups to shed real estate in bankruptcy

Fat Brands, Twin Hospitality seek to eliminate $1.4 billion in debt through Chapter 11 filing
Fat Brands and Twin Hospitality, the parent of Twin Peaks, filed for Chapter 11 bankruptcy protection. This is a Twin Peaks location in Oklahoma City. (CoStar)
Fat Brands and Twin Hospitality, the parent of Twin Peaks, filed for Chapter 11 bankruptcy protection. This is a Twin Peaks location in Oklahoma City. (CoStar)
CoStar News
January 29, 2026 | 12:22 AM

One of the nation's largest restaurant groups has filed for bankruptcy protection with plans to close at least 32 of its restaurants in 14 states.

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