Pete’s Restaurant & Brewhouse Operator Files Chapter 11 Subchapter V in Sacramento

JIB Foods Inc., the operator of Pete’s Restaurant & Brewhouse, filed a voluntary Chapter 11 petition in the U.S. Bankruptcy Court for the Eastern District of California, Sacramento, submitting case number 2:26-bk-20624 and electing Subchapter V as a small business debtor. Court records list Hon. Christopher D. Jaime as the assigned judge and show estimated assets and liabilities each between $1 million and $10 million.

The petition names the company’s principal address as 2100 Arden Way, Suite 123, Sacramento and identifies Inderdeep Bassi as CEO and CFO. Downey Brand LLP attorney Galen M. Gentry is listed as counsel for the debtor, and Gina R. Klump is listed as trustee on the docket. The court entered a Notice of Incomplete Filing and a Notice of Intent to Dismiss if missing materials are not submitted, indicating required schedules or supporting documents had not been filed as of February 5.

Pete’s operates six Northern California locations in Sacramento, Rocklin, Roseville, Yuba City, El Dorado Hills, and Redding. Two outlets closed in recent months: the Roseville location shuttered in October 2025 after eight years, and the El Dorado Hills site closed in early January 2026. Despite the filing, the brand submitted a Commercial Plan Review application to the City of Sacramento last October for a proposed North Natomas location and several outlets reported the chain plans to open another location.

The Chapter 11 filing places the company under court supervision as it seeks to reorganize while continuing operations, Edhat reported. Edhat also noted, “The filing indicates that funds are expected to be available for distribution to unsecured creditors after administrative expenses are paid.” The docket includes a unanimous consent resolution of the board of directors and a filed list of the 20 largest unsecured creditors, though creditor names and claim amounts were not provided in the public excerpts.

For employees and hourly staff, the filing creates immediate uncertainty around payroll, schedules, tip distributions, and benefits. The record does not state whether all remaining locations were open at filing, and the Notice of Incomplete Filing may delay creditors and employee notices until required documents are posted to the docket. Industry pressures cited in coverage - including higher labor and product costs and changing drinking habits - have coincided with a wave of brewery and brewpub closures nationally in 2025, a backdrop that organizers and staff will watch closely.

This case will proceed through the Subchapter V process, with further filings on asset and liability schedules, the list of creditors, and any proposed reorganization plan likely to shape staffing and operations. Employees, suppliers, and local managers will get clearer answers as the court docket is updated and the debtor files missing documents.