News & Noteworthy

Article - Bruce Bronster Offers Insight on Restaurant Chain Bankruptcies in Law360 Article
MARCH 12, 2014 | Law360

Bruce Bronster (Partner, New York) was quoted in a March 11, 2014 Law360 article entitled "Branding, Leasing Woes Tip Dining Chains Toward Ch. 11."

On restaurant chains that have declared or are heading towards bankruptcy:

  • "These are older brands. I think some of them are tired brands. ... You have to spend the money to stay current."

On Starbucks' $100 million purchase of Bay Bread LLC:

  • "[The deal] completely upgraded Starbucks' baked goods, and they're doing a lot better now. ... You have to stay current and have to give modern choices."

On whether bankruptcy is a trend for restaurant chains:

  • "I don't think it's an epidemic. I think fast casual is definitely growing. Food sales are very bullish."


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