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During the first hearing about TGI Fridays' bankruptcy process, franchisees had concerns about nearly $50 million in ...

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TGI Friday’s is worried it won’t have enough cash if customers redeem $50 million in outstanding gift cards that don’t expire ...

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After filing for Chapter 11 bankruptcy last week, the chain is now contending with the expensive possibility of customers trying to redeem $49.7 million of gift cards that never expire.

When a business declares bankruptcy, customers often rush to redeem gift cards because they are concerned the company might close up shop before they can use the cards. In TGI Friday's case ...