Major Hardee's Operator Files Bankruptcy While Owing $29M Across 9 States ...

Hardee’s has started reopening restaurants closed after franchisee ARC Burger filed for Chapter 7 bankruptcy with liabilities exceeding $29 million. Fifteen former ARC locations in Georgia, Missouri, ...

Four months after it closed 77 Hardee’s locations, fast-food franchisee ARC Burger has filed for Chapter 7 bankruptcy protection. The company filed paperwork last week in U.S. Bankruptcy Court in ...

A major Hardee’s franchisee has filed for Chapter 7 bankruptcy liquidation, signaling the end of the road for the company and its 77 shuttered restaurants. ARC Burger LLC, a Marietta, Georgia-based ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Chapter 7 bankruptcy comes with several important limitations that ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The bankruptcy system operates under strict federal rules, after all, ...