The DMN reports that Oceanaire Seafood Room at the Galleria has filed for chapter 11 bankruptcy protection in Dallas. Initial court filings indicate that Oceanaire (Yikes! Cheesy music on their web site.) owes between $10 million and $50 million to 50 to 99 creditors; assets are listed as $10 million or less.
UPDATE: I just pulled this from the comments. NN
Hello, My name is Jeff Bowman and I am the General Manager/Operating Partner of The Oceanaire Seafood Room here in Dallas. I want to let everyone know that the Oceanaire here in Dallas is still open for business. We have been and will continue to be the premier seafood restaurant for people seeking the best dining experience in the Metroplex.