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Landry's eyes Joe's Crab Shack bankruptcy case

Joe's Crab Shack parent firm filed bankruptcy recently.

Another interested party stepped forward after owner of US restaurant chain Joe's Crab Shack -- Ignite Restaurant Group -- filed Chapter 11 bankruptcy last week.

Joe's Crab Shack parent group seeks buyer

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Houston-based Landry's had its attorneys request bankruptcy court documents, according to Chron News. 

Ignite was going to sell its assets to Kelly Investment Group, unless a higher bidder emerges at an upcoming auction of the company's assets.

Delaware-based parent company Ignite Restaurant Group, Inc owns 112 Joe's Crab Shack locations as well as 25 locations of restaurant chain Brick House Tavern + Tap in 32 states, but mostly Texas, Florida and California. It currently has a total of 8,400 employees.


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