SOLIC Capital Advisors Serves as Investment Banker to Hooters of America in Strategic Franchise Shift and Chapter 11 Process

SOLIC Capital Advisors is serving as investment banker to Hooters of America, LLC in connection with its chapter 11 cases, captioned In re Hooters of America, LLC, pending in the United States Bankruptcy Court for the Northern District of Texas. The Chapter 11 filing was announced as part of the company’s strategic transition to a fully franchised business model. The company commenced its Chapter 11 cases with broad support from key stakeholders.