"The two types of bankruptcy restaurants are most likely to file are Chapter 11 and Chapter 7, and unfortunately, the latter means that Opa!'s assets will be liquidated and all remaining locations in Campbell, Morgan Hill, San Jose, Santa Clara, and Walnut Creek have been closed permanently. Chapter 7 is filed when a company cannot repay its debts to creditors without selling most of its property."
"According to USA Today, Opa! CEO Molly Adams wrote in a court document, "It is desirable and in the best interests of the company, its creditors, and other parties in interest that a petition be filed by the company seeking relief under the provisions of Chapter 7". Opa! opened its first location in San Jose in 2008. The Greek cuisine purveyor operated seven stores at its peak, but closed its original location in February 2025, signifying poor things to come."
Opa! Authentic Greek Cuisine filed for Chapter 7 bankruptcy on September 19, triggering liquidation and permanent closure of all remaining locations in Campbell, Morgan Hill, San Jose, Santa Clara, and Walnut Creek. The company reported assets between $100,000 and $500,000 and similar total debts. Chapter 7 filing reflects inability to repay creditors without selling most property. Opa! began in San Jose in 2008, grew to seven stores at its peak, then began shuttering outlets, including the original location in February 2025. Loyal customers expressed disappointment on social media as the chain ceases operations.
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