Vegas Hooters files Chapter 11 bankruptcy

John Blaise
August 2, 2011
4 Comments
hooters girls

It’s a sad day for the dozens of busty and bubbly women that work the Hooters in Las Vegas on Tropicana Avenue, you know the one- many a man has claimed to be in love with at least one of the waitresses from that joint, sometimes two- Those men especially won’t like the news that the owner of the Resort/ sub par food joint bursting with eye candy, has filed for Chapter 11 bankruptcy.

 

According to VegasInc, Mike Hessling, president of the property, said the bankruptcy was filed after efforts to negotiate another solution with the company’s main bondholder, which bought the debt at a discount, were not successful.

It seems poor economic times have finally hit the spot where most men go to be reminded that dreams do come true over burgers, fries, cheap beer and chicken wings. Oh and boobies. Lots of boobies.

According to VegasInc, the company, 155 East Tropicana LLC, in its initial filing in U.S. Bankruptcy Court listed assets of $10 million to $50 million against more than $162 million in liabilities.

It’s not quite doomsday yet, as under Chapter 11, companies can continue to operate while they propose a plan of reorganization that will then need to be voted on by creditors.

Rest assured though men, if Hooters does go down, there’s another place where men can observe scantily clad eye candy with busty proportions. It’s called the strip club and there they at least dance for their tip.

If you have any further information related to this story that you would like to share with us privately please click here.

Can't get enough CalvinAyre.com? Follow us on Twitter and Facebook, then you'll never miss out on the latest gaming industry news.

Share
Tags: Article, eye candy, Hooters Resort
Views and opinions expressed are those of the Author and do not necessarily reflect those of CalvinAyre.com