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Pihakis Restaurant Empire Collapses | Birmingham News
Nick Pihakis, Birmingham’s legendary restaurateur with over 40 years in the food scene, has filed for Chapter 7 bankruptcy after shuttering more than a dozen restaurants across four states. Facing $23 million in debt—mostly to SouthPoint Bank, which itself is under FDIC scrutiny—he’s liquidating assets including a Rolex and even a tractor while still taking out loans. The collapse began in April with the sudden closure of Tasty Town, triggering a chain reaction that shut down spots like Hero Diner and Rodney Scott BBQ. Signs of trouble were evident as early as late 2025, with low crowds and…
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