Financing
A large Hardee's franchisee declares Chapter 7 bankruptcy
ARC Burger is seeking debt protection after its 77 Hardee’s restaurants were terminated and then closed last year amid a legal dispute with the fast-food chain.
Financing
Struggling Hardee's terminates a large franchisee
The fast-food burger chain sued ARC Burger, a 77-unit franchisee that bought the restaurants out of bankruptcy just two years ago, over unpaid royalties, rent and marketing funds.