Rubio’s Coastal Grill Files Second Chapter 11 Bankruptcy in Delaware

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TREW Capital Management Private Credit LLC was listed as the largest unsecured claimholder, with a total claim that could be worth nearly $72.9 million, about $27.9 million of which is unsecured.

The debtor retained Force Ten Partners LLC’s Nicholas Rubin, a partner at Force Ten Partners LLC, to be chief restructuring officer and Hilco as its investment banker and real estate adviser, the petition said.

Rubio’s did not immediately reply to a request for further comment.

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The company is represented by Raines Feldman Littrell LLP and Whiteford Taylor & Preston LLP.

The case is In re. MRRC Hold Co. et al., case number 24-11164, in the U.S. Bankruptcy Court for the District of Delaware.