Another popular burger chain files for Chapter 11 bankruptcy

Popular burger and shakes fast-food chain files for bankruptcy facing financial distress.

Jan 7, 2025 - 10:30
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Another popular burger chain files for Chapter 11 bankruptcy

Financial wound triggered by the outcomes of the Covid-19 pandemic compelled several speedy-meals restaurant chains to file for financial wreck over the final 5 years, seeking respiratory room to reorganize their companies.

In some cases, firms restructured their debt and emerged with stronger steadiness sheets and a possibility to reside in switch for years to attain lend a hand.

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