Morris Nichols Bankruptcy Alert - RTI Holding Company, LLC and Certain of Its Affiliates File Chapter 11 Bankruptcy Cases in Delaware

Bankruptcy Petition Alert

On October 7, 2020, RTI Holding Company, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. As a courtesy to our clients and friends, the Morris Nichols Business Reorganization & Restructuring Group has summarized information related to the filings below.

Lead Case No. – 20-12456

Debtors – RTI Holding Company, LLC, Ruby Tuesday, Inc., Ruby Tuesday, LLC, RTBD, LLC, RT of Carroll County, LLC, RT Denver Franchise, L.P., RT Detroit Franchise, LLC, RT Distributing, LLC, RT Finance, LLC, RT FL Gift Cards, Inc., RT Florida Equity, LLC, RT Franchise Acquisition, LLC, RT of Fruitland, Inc., RT Indianapolis Franchise, LLC, RT Jonesboro Club, RT KCMO Franchise, LLC, RT Kentucky Restaurant Holdings, LLC, RT Las Vegas Franchise, LLC, RT Long Island Franchise, LLC, RT of Maryland, LLC, RT Michiana Franchise, LLC, RT Michigan Franchise, LLC, RT Minneapolis Franchise, LLC, RT Minneapolis Holdings, LLC, RT New England Franchise, LLC, RT New Hampshire Restaurant Holdings, LLC, RT New York Franchise, LLC, RT Omaha Franchise, LLC, RT Omaha Holdings, LLC, RT One Percent Holdings, LLC, RT One Percent Holdings II, LLC, RT Orlando Franchise, LP, RT Restaurant Services, LLC, RT South Florida Franchise, LP, RT Southwest Franchise, LLC, RT St. Louis Franchise, LLC, RT Tampa Franchise, LP, RT Western Missouri Franchise, LLC, RT West Palm Beach Franchise, LP, RTTA, LP, RTT Texas, Inc., RTTT, LLC, Ruby Tuesday of Allegany County, Inc., Ruby Tuesday of Bryant, Inc., Ruby Tuesday of Columbia, Inc., Ruby Tuesday of Frederick, Inc., Ruby Tuesday of Linthicum, Inc., Ruby Tuesday of Marley Station, Inc., Ruby Tuesday of Pocomoke City, Inc., Ruby Tuesday of Russellville, Inc., and Ruby Tuesday of Salisbury, Inc.

Description of Debtors – Restaurants and Other Eating Places

Website of Debtors (URL)  

Assigned Judge – The Honorable John T. Dorsey

Proposed Counsel – The Debtors' proposed bankruptcy counsel is Pachulski Stang Ziehl & Jones LLP.

Proposed Financial Advisor – CR3 Partners, LLC

First Day Hearing – A first day hearing was held on October 8, 2020 at 2:00 p.m.

Bankruptcy Documents  –

Please do not hesitate to contact any member of the Morris Nichols Business Reorganization & Restructuring Group if we can be of assistance.

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