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Dive Brief:
- Pinstripes filed for Chapter 11 bankruptcy protections on Monday, according to court documents filed in the U.S. Bankruptcy Court for the District of Delaware.
- The action was nearly a year in the making and “reflect[s] the Debtors’ only remaining path to maximize value,” Chief Restructuring Officer James Katchadurian said in a filing.
- The chain, which was founded in 2007, eventually grew to 18 units but…

