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May 27, 2020
Portland-based Sustainable Restaurant Holdings filed for Chapter 11 bankruptcy to keep its operations afloat during the COVID-19 pandemic. Related to the restructuring plan, the company received a commitment for up to $1.9 million in debtor-in-possession financing led by the Bain Capital Double Impact fund. The financing will provide liquidity while the company seeks a buyer. Sustainable Restaurant Holdings operates Bamboo Sushi and QuickFish restaurants in the Portland area, as well as in Seattle, the Bay Area, Denver and Phoenix. The chain’s goal is to rehire furloughed workers and resume full operations as soon as health risks subside and government restrictions are lifted.