Shari's Parent Company Enters Chapter 11 Bankruptcy Following Oregon Closures
TL;DR Summary
Texas-based Lena Brands LLC, parent of Shari’s Cafe & Pies and Coco’s Bakery, filed for Chapter 11 bankruptcy on May 15, 2026, more than a year after shuttering all Oregon Shari’s locations due to a debt with the Oregon Lottery of over $900,000. The bankruptcy filing lists between $1 million and $10 million in assets and between $10 million and $50 million in liabilities. Shari’s retains nine locations in Washington, California and Idaho, and last year Elmer’s Restaurants announced plans to take over some former Shari’s sites.
- Shari's parent company files for bankruptcy more than a year after closing Oregon diners KATU
- Coco’s and Shari’s owner files for bankruptcy amid cash-flow freeze Nation’s Restaurant News
- 48-year-old Denny’s rival chain files for Chapter 11 bankruptcy Yahoo Finance
- Shari’s and Coco’s Bakery Parent Files for Bankruptcy FSR magazine
- Shari’s parent company files for bankruptcy more than a year after abrupt Oregon shutdown KOIN.com
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