The restaurant industry has been hit the hardest by the COVID-19 pandemic with many being forced to shut doors for months. Though many are now allowed to reopen, they are still tied to strict restrictions and are seeing lower attendance. In general, it is the companies that were already in a difficult situation that are now on the edge of declaring bankruptcy. One of the most notable examples today is Red Robin Gourmet Burgers (RRGB) which recently announced that it was struggling to meet debt covenants.
The company has