A POPULAR American restaurant chain which rivals the likes of Olive Garden and Red Lobster has filed for bankruptcy.

Bosses at the Greek restaurant chain Opa! Authentic Greek Cuisine confirmed that they are planning to liquidate the company’s remaining assets in California.

The restaurant filed for bankruptcy on Friday, September 19, according to documents filed in the US Bankruptcy Court for the Northern District of California.

Molly Adams, the company's Chief Executive Officer, her husband, Marcus Adams, and OPA Management Group have been listed as co-debtors, according to the court documents obtained by USA TODAY.

The company is understood to have 49 creditors in total with a debt ranging between $100,000 $500,000.

The documents also show that the company has between $100,000 and $

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