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Re: Subjugator post# 338760

Tuesday, 10/11/2022 9:12:45 AM

Tuesday, October 11, 2022 9:12:45 AM

Post# of 346708
I bleeve Chicago will close next, unless all of the locations close simultaneously as part of a Chapter 7 liquidation if no acceptable reorg plan under Chapter 11 can be approved by the creditor and/or no DIP financier will throw munny at such a reorg plan (if approved by the bankruptcy court).

Chicago dies soon after the heating bills for that barn start to tumble in next month - assuming this shitshow even makes it to next month before the BK. 14,000 square feet + kitchen exhaust resulting in large air exchange and heat loss + this winter's natural gas rates = brutal bills.

Last year Chicago was only open 2.5 days a week until late Spring. whereupon Aaron had bailed~OUTT and _____Ben flew in to ... wait for it ... change the menu and hire an entirely new staff as most of the old staff left when Aaron dd. Now with more days open, the heating bills will be even more brutal than just the upward price of natgas.

Butt yeah, a BK could be filed any day and could shutdown all of the remaining locations at once.