Shocker! Seafood lovers are going to be so sad. Foodbeast reports that Joe’s Crab Shack is filing for bankruptcy. Joe’s Crab Shack along with Brick House Tavern filed voluntary petitions for reorganization under Chapter 11. With that being said, Joe’s Crab Shack has 60 to 90 days to sell their assets.
All 112 locations of Joe’s Crab Shack will remain open during the sales process. The seafood restaurant chain will still accept gift cards and coupons until they are sold.