Essential Pizza, the franchise operator of 72 Papa John’s units in Minnesota and Colorado, filed for Chapter 11 bankruptcy protection this week after multiple lawsuits from lenders and delivery drivers, and one against the franchisor...
Multi-concept operator Star Buffet Inc. filed for Chapter 11 bankruptcy protection Thursday, citing a legal judgment and the inability to refinance mortgage obligations and its credit facility...
National Restaurant Association’s Restaurant Performance Index indicates pessimistic industry outlook
OSI Restaurant Partners LLC, operator of the Outback Steakhouse chain, has reached a settlement with T-Bird Nevada LLC, one of its largest franchisees, over a loan that was the subject of an Outback lawsuit against T-Bird two years ago...