McDonald's rival franchisee files Chapter 11, 65 restaurants at risk

A major fast-food franchisee has filed for Chapter 11 bankruptcy, leaving dozens of restaurants’ futures uncertain as the ...
Hoodline

California Carl's Jr. Giant Files For Chapter 11, Putting 65 Restaurants On The Line

One of California’s biggest Carl’s Jr. operators just hit the brakes in a very public way. Friendly Franchisees Corporation, ...

Chapter 11 bankruptcy hits McDonald’s rival franchisee, leaving 65 restaurants at risk

Sixty-five Carl’s Jr. locations in California are at risk after Friendly Franchisees Corporation filed for Chapter 11 bankruptcy protection. Friendly Franchisees Corporation filed through the U.S.