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    One Fifth Update

    A Fine chef picked for Houston's most anticipated new restaurant amid changes at longtime favorite

    Eric Sandler
    Dec 15, 2016 | 11:08 am

    Of all the restaurants slated to open between now and Super Bowl LI, none are more eagerly anticipated than One Fifth. James Beard Award winner Chris Shepherd's follow up to Underbelly will change concepts annually for five years, starting with a steakhouse that's on track to open in early- to mid-January in the space formerly occupied by Mark's American Cuisine.

    In order to supervise both restaurants, Shepherd has designated a chef de cuisine for each restaurant. At Underbelly, longtime sous chef Gary Ly has been promoted to the role. For One Fifth, Shepherd has hired Nick Fine, who, like Shepherd, worked at Brennan's under former Haven chef Randy Evans. Recently, Fine has been serving at Bobby Matos's sous chef at River Oaks restaurant State of Grace.

    “It’s time now for me to be a teacher, ” said Shepherd in a statement. “I will teach my staff to run these restaurants at the highest level. I’ll be there to guide them, but this is their chance to shine.”

    In order to supervise both concepts, Shepherd announced that he's purchased a bicycle and will use it to travel back and forth between both spots. Given that plan, it's no wonder the restaurant will close annually in August to undergo renovations to flip to its next concept.

    Ly, a CultureMap Tastemaker Awards Rising Star Chef of the Year nominee, has worked at Underbelly for three years. Prior to that, he worked for Ryan Pera at both The Grove and Revival Market and spent time at Brasserie Max & Julie. Fine may be new to Shepherd's team, but he's looking forward to the opportunity.

    “I’ve looked up to chef Chris for a long time,” said Fine. “I love his approach to food, how he sources, respects and prepares ingredients, but most importantly, I am so impressed by how he treats people and inspires everyone he comes in contact with. I can’t wait to bring a new perspective into his culinary world.”

    The rest of Underbelly and One Fifth's key personnel will come from a series of internal promotions. Sommelier Matthew Pridgen will move into a wine director role for both concepts, and pastry chef Victoria Dearmond will oversee desserts in her role as pastry director. Longtime server Jeff Buhrer, who has worked with Shepherd at both Catalan and Underbelly, will be One Fifth's general manager.

    Meanwhile, diners can get a glimpse of the future by following the restaurant on Instagram. If dishes like slow-braised goat neck and cast iron apple pie sound good, the wait for One Fifth's opening will feel long, but at least the team executing the dishes will be first class.

    One Fifth chef de cuisine Nick Fine recently worked at State of Grace.

    One Fifth Nick Fine
    Photo by Julie Soefer
    One Fifth chef de cuisine Nick Fine recently worked at State of Grace.
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    Breastaurant news

    Texas restaurant Twin Peaks rises out of bankruptcy with new owners

    John Egan
    Jun 17, 2026 | 9:00 am
    Twin Peaks, girls, food
    Twin Peaks Houston Facebook
    Twin Peaks is climbing its way back.

    Six months after filing for bankruptcy, the Addison-based Twin Peaks restaurant chain is getting a second chance at success.

    In a Monday, June 15 press release, Twin Peaks said it has separated from its parent company, FAT Brands, and now operates as a standalone private company called Summit Twin Hospitality I LLC.

    Summit Acquisitions LLC, a group of the brand’s bondholders — high-priority bankruptcy creditors including Twin Peaks franchisees 3BMgmnt Inc., JEB Food Group, and Operadora 2 Montes — has assumed management of the brand and is poised to eventually buy the chain.

    “This transition gives our team the foundation we’ve needed to execute on the vision we’ve always had for this brand,” says Roger Gondek, president and chief operating officer of Twin Peaks, in the release. “We have a strong system, exceptional operators, and enviable guest loyalty, and now we have the financial footing to match. The best days for Twin Peaks are ahead.”

    In May, a business known as TWNPKS Bid Co. — backed by bondholders — acquired Twin Peaks in a $359 million debt-to-equity deal approved by a bankruptcy judge in Houston.

    Five years ago, FAT Brands bought Twin Peaks from New York City investment firm Garnett Station Partners for $300 million. Last year, Twin Peaks became a publicly traded company after its spinoff from FAT Brands, which remains the chain’s biggest stockholder.

    Twin Peaks enters its new era with more than 115 restaurants in the U.S. and Mexico, including five restaurants in Houston and a total of 31 statewide. More restaurants are on the way, including franchised locations in Brownsville, Laredo, and South Padre Island.

    Twin Peaks, founded in Lewisville in 2005, competes with Bombshells, Hooters, Twisted Kilt, and other “breastaurant” chains.

    According to the press release, Twin Peaks’ executive team remains intact, and no layoffs are planned. In fact, the company plans to add employees as its store count grows.

    In conjunction with FAT Brands’ bankruptcy case, a business called FBG Bid Co. said Tuesday, June 16 that it purchased 13 restaurant brands owned by FAT Brands for about $595 million. The acquisition includes chains like Fatburger, Fazoli’s, Great American Cookies, Johnny Rockets, Marble Slab Creamery, and Ponderosa and Bonanza steakhouses, but excludes Twin Peaks.

    FAT Brands and Twin Peaks filed for Chapter 11 bankruptcy protection in January with plans to reorganize the businesses. At the time of the bankruptcy filing, FAT Brands owed about $1.4 billion in debt that it was unable to cover.

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