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Published on 10/20/2020 in the Prospect News Distressed Debt Daily.

Houlihan’s records $276,763 net loss for July 27 through Aug. 23

By Sarah Lizee

Olympia, Wash., Oct. 20 – Houlihan’s Restaurants, Inc. reported a $276,763 net loss for the period of July 27 through Aug. 23 on zero operating revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

In addition, the company had $4.08 million in unrestricted cash and cash equivalents as of Aug. 23.

Leawood, Kan.-based Houlihan’s operates a chain of restaurants. The company filed bankruptcy on Nov. 14, 2019 under Chapter 11 case number 19-12415.


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