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Investors agree to acquire By Chloe chain from bankruptcy | Nation s Restaurant News

Co-founder Chloe Coscarelli ‘pleased’ with court ruling barring sale of trademark A group of investors has agreed to acquire the By Chloe vegan restaurant chain out of bankruptcy, although they won’t get to use the name. By Chloe’s parent company, BC Hospitality Group, filed for Chapter 11 bankruptcy protection in December, citing the impact of the pandemic. The company has for the past several years also been involved in a legal tangle with one of the concept’s co-founders, celebrity vegan chef Chloe Coscarelli, who left the company in 2016 and has fought to prevent the use of her name on the chain of fast-casual sandwich and bake shops.

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