Just heard this on WBAP and by an email. Things are notta-good.
Long-time, national restaurant chains Bennigan's and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, shuttering more than 300 sites and letting go of thousand of employees. It is one of the country's largest restaurant bankruptcies and eliminates two sit-down chains that have been part of the casual dining landscape for decades. The chains will liquidate and are not likely to re-open.