Ruby Tuesday Gets Court OK to Sell Headquarters for $2.6 Million

RTI Holding Co., parent of the Ruby Tuesday restaurant chain, got bankruptcy court approval to sell its headquarters in Maryville, Tennessee for $2.6 million.

• U.S. Bankruptcy Judge John Dorsey approved the sale in a hearing Monday
• The chain had been trying to sell the building since the spring of 2019, but didn’t accept the two “very low” offers received by its real estate broker at the time, per court papers
• The building has stood mostly empty during the pandemic, a lawyer for the co. said in the hearing, and Ruby Tuesday plans to move its offices to another local ...