Latest / Birmingham AL News Today | 2 Min News | The Daily News Now!
Pihakis Restaurant Group Files for Bankruptcy | Birmingham News
Nick Pihakis, founder of Pihakis Restaurant Group, has filed for Chapter 7 bankruptcy, revealing a staggering $44 million in debts versus just $10.6 million in assets — most of which is “doubtful” and owed to his own companies. This marks the culmination of years of financial turmoil, including restaurant closures, unpaid bills, and property liens, leaving stakeholders watching closely as the liquidation process unfolds. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.