Yardbird Group LLC has voluntarily filed a bankruptcy petition. The petition was filed in the U.S. Bankruptcy Court for the District of Delaware. Court records show that the company’s liabilities and assets are estimated between $10 million and $50 million.
Note: A Chapter 11 bankruptcy filing is a legal process that allows a business to reorganize its debts, restructure obligations, and continue operating while working toward financial stability. Under Chapter 11, a debtor typically proposes a plan to repay creditors over time, subject to court approval. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.
Yardbird Group LLC Files for Chapter 11
Yardbird Group LLC filed for Chapter 11 on September 21, 2026. PACER records show that the petition was signed by the company’s Chief Restructuring Officer, Albert Altro.
The filing states that funds are expected to be available for distribution to unsecured creditors after administrative expenses are paid. Yardbird Group LLC and 10 affiliated entities each filed Chapter 11 petitions, with the cases being jointly administered. The company intends to seek debtor-in-possession financing and authority to use cash collateral, according to the filing.
According to PacerMonitor, the 10 affiliated entities that filed separate Chapter 11 petitions are:
- Southern Operations, LLC
- Yardbird Beverly Hills, LLC
- Yardbird DFW, LLC
- Yardbird DC, LLC
- Yardbird Chicago, LLC
- Yardbird Denver LLC
- YB Las Vegas, LLC
- Yardbird DFW Management LLC
- Yardbird DFW Concession LLC
- The Bird Singapore LLC
About Yardbird Group LLC
Yardbird Group LLC is the operator of the Yardbird Southern Table & Bar restaurant brand. It is a Southern-American restaurant concept known particularly for fried chicken, bourbon, and Southern comfort food. It began in Miami Beach and has expanded into several U.S. markets and Singapore.
The company’s principal place of business is listed at 3355 Las Vegas Boulevard South in Las Vegas, Nevada.
Case-Related Details
Court records show that the company submitted a summary of its assets and liabilities, which both range between $10 million and $50 million. The company also confirms that it has funds to pay its unsecured creditors. Its estimated creditors are between 1,000 and 5,000.
The filing states that the company plans to restructure by seeking debtor-in-possession financing. The filing also authorizes a sales process to market and potentially sell the company’s assets as part of the restructuring.
A summary of the Chapter 11 petition is here:
- Filing Date: September 21, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of Delaware
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 1:26-bk-11479
- Estimated Assets: Between $10 million and $50 million
- Estimated Liabilities: Between $10 million and $50 million
- Estimated Creditors: Between 1,000 and 5,000
Recent Chapter 11 Filings by Restaurant Operators
The restaurant industry continues to face several challenges as companies seeking bankruptcy protection increase in number.
On September 17, Meritage Hospitality Group, Inc. filed for Chapter 11 bankruptcy. The company operates 314 Wendy’s restaurants and other restaurants across 15 states. The company said the filing was intended to restructure its finances and strengthen its balance sheet.
On September 5, Zeppin, LLC, submitted a Chapter 11 Subchapter V bankruptcy petition. It is doing business as Zeppin Ramen & Temaki, which is a Japanese restaurant in New York. The filing did not specify a reason for the bankruptcy.
StevieGs Restaurant, LLC, filed for bankruptcy under Chapter 11 Subchapter V on September 14. The company operates as a breakfast and lunch restaurant in Massachusetts. Court records showed that its liabilities exceeded its assets, resulting in the petition.
Negroni Brickell LLC also submitted a Chapter 11 Subchapter V bankruptcy petition this year. Court records showed that the company listed trade debt, tax obligations, and other liabilities in its petition. The restaurant brand is known for its Nikkei-inspired sushi and cocktail program.
The filing allows the restaurant operator to pursue a restructuring of its financial obligations.
