US EditionBeloved Sports Bar Chain's Parent Company Files for Bankruptcy
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2 Articles
El Paso.- The parent company of the Twin Peaks chain of restaurants and sports bars was declared bankrupt under Chapter 11 in a U.S. court in South Texas on January 26, 2026, in a movement aimed at reorganizing its debts and strengthening its financial structure. Twin Peaks, known for its atmosphere of sports bar, cold beers and a distinctive service concept with personnel in eye-catching uniforms, operates 114 locals in the United States and Me…
Beloved Sports Bar Chain's Parent Company Files for Bankruptcy
The parent company of Twin Peaks, the sports bar famous for its scenic views and Hooters-esque aesthetic, has officially gone bust, filing for bankruptcy. According to The Dallas Morning News, Dallas-based Twin Hospitality Group filed for Chapter 11 bankruptcy on Jan. 26 following a series of corporate setbacks. The outlet reports that the company struggled with declining sales, a sharp drop in stock price, and frequent turnover in key leadershi…
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