Financing
Remodels, a pandemic and Brazil led to the bankruptcy of a Wendy's franchisee
Starboard Group, the Wendy’s franchisee that sought debt protection this week, said a number of factors converged that led to the filing, including a failed Brazilian joint venture.
Financing
A large Wendy's franchisee declares bankruptcy
Florida-based Starboard Group sought debt protection for its Wendy’s restaurants. It is the latest in a series of restaurant companies to take that step.