Fox and Hound Chain Files for Bankruptcy

The Fox and Hound casual dining chain has filed for Chapter 11 bankruptcy.

The company filed for bankruptcy in Delaware on Sunday, citing the downturn in the restaurant industry during the recession as a major factor in losses.

The chain was founded in Arlington in 1994 and has more than 100 locations in 27 states. The chain's parent company, F&H Acquisition Corp., employs about 6,000 people and operates restaurants in the Fox and Hound, Bailey's, and Champps Sports Bar brands.

North Texas is home to five F&H restaurants, which are expected to remain open during the bankruptcy proceedings.

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