OWNER OF DON PABLO’S AND HOPS GRILL FILES FOR BANKRUPTCY

Nations Restaurant News reports that Avado Brands Inc. is filing bankruptcy. The parent company of Don Pablo’s and Hops Grill & Brewery casual-dining chains has filed for Chapter 11 bankruptcy and will seek to sell its assets.

This is the second time that Avado has voluntarily filed for bankruptcy, following a February 2004 filing from which it emerged in May 2005. The company said it would sell its assets in an auction to “a better capitalized entity.”