A large Hardee's franchisee declares Chapter 7 bankruptcy
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
A large Hardee's franchisee has filed for bankruptcy, with reports varying on whether the filing is under Chapter 7 or Chapter 11. The franchisee, which operates dozens of locations, is reportedly facing financial difficulties and legal issues with the franchisor. The number of units affected and the amount of debt owed also vary in reports, with some citing 59 or 77 locations and debt totaling millions of dollars.
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