Abner's chain files Chapter 11 bankruptcy

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News,Business

OXFORD, Miss. (AP) — The Abner's Famous Fried Chicken Tenders chain is seeking reorganization of two of its restaurants in Oxford under Chapter 11 of federal bankruptcy law.

WTVA-TV reports (http://bit.ly/OzN9m3) the filing was made in U.S. Bankruptcy Court in Oxford.

Court documents show the company owes fewer than 20 creditors. A briefing for creditors has been scheduled next month.

Abner's was founded in 1993 by former University of Mississippi football player Abner White. Its sports-themed restaurants feature photos of college and professional athletes with ties to Mississippi.

The company currently operates six restaurants in Oxford, Tupelo, Starkville and Brandon and in Cordova, Tenn. White tells WTVA that its four remaining locations aren't included in the filing.

In its bankruptcy filing, the company listed assets and liabilities of $10 million or less.

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Information from: WTVA-TV, http://www.wtva.com

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