After going into bankruptcy, and nearly out of business entirely, in 2008, Bennigan's is attempting a comeback. The former giant of casual dining had been beaten into the ground by competitors and the financial-market meltdown, but has begun to open new restaurants all over the continental United States.
This follows a measure of international success. There are currently 11 Bennigan's outlets in South Korea, 6 in Mexico, 3 in the Mediterranean island nation of Cyprus, and individual outlets in the Bahamas, El Salvador, Panama, India and Bahrain. These appear to have kept the company afloat while it restructures itself domestically.
Bennigan's is not the only restaurant chain to reach the brink of disaster, nor the only one to come back from the brink. Read more here: http://franchises.about.com/od/m/a/Famous-Restaurant-Bankruptcies.htm