Another national restaurant chain is filing for bankruptcy protection as Hooters says it is looking to sell all of its company-owned locations. On Monday, the restaurant chain known for its provocatively dressed all-female waitstaff and its chicken wings,

It's the latest restaurant chain to undergo restructuring, which will see it move from mostly company-owned to franchisee-owned locations.

The corporate parent of the restaurant chain known for its skimpy waitstaff outfits says it can sort out its beleaguered finances within months.