News

Quiznos emerges from bankruptcy

July 1, 2014

Quiznos today announced it has successfully completed its financial restructuring and emerged from Chapter 11.

"Today marks the start of a new chapter for our company," CEO Stuart K. Mathis said in a news release. "With our financial restructuring behind us, we now have a stronger foundation to execute our comprehensive plan to strengthen performance, revitalize the Quiznos brand and reinforce its promise as a fresh, high-quality and great-tasting alternative to traditional fast food offerings. We sincerely appreciate the support of our franchisees, employees and vendors, who enabled us to continue providing Quiznos customers with high-quality menu offerings and superior service throughout this process." 

Quiznos' Plan of Reorganization was confirmed by the U.S. Bankruptcy Court in Wilmington, Del., on May 12. The Denver-based company filed for Chapter 11 protection in March.