Tsunami Japanese-Fusion Chain Files for Bankruptcy
New Orleans News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tsunami, a beloved Japanese-fusion restaurant chain in Louisiana, has filed for Chapter eleven bankruptcy protection. Despite the filing, all four locations will remain open during the reorganization process. The restaurants, with histories dating back to the late 1990s, face significant debts, including over $280,000 owed on the New Orleans lease and tens of thousands to seafood suppliers. The chain is dealing with between $2.5 million and $3 million in creditor claims, with proceedings still ongoing.
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