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Log In / Register | Mar 20, 2010

Damon’s Grill Files Bankruptcy Too

Unfortunately for the 36 franchisees of Damon's, their franchisor's holding company needs their chain's healthier cash flow to pay for the bankrupt sister company, Max & Erma's.

Max & Erma's File Bankruptcy, Franchisees Object

Max & Erma’s franchise owners are in open rebellion against the decision by their new franchisor, after 16 months at the franchising firm’s helm, to file for bankruptcy. They want the franchisor's bumbling CEO out and the court to appoint a chief reorganization officer to lead the franchise network through Chapter 11.

Bankruptcy Experts Are Wary of Bennigan's IP Transfers

PLANO, Tex. (Blue MauMau) – The sudden insolvency of Bennigan’s and Steak & Ale brands by filing Chapter 7 bankruptcy on July 29 has left behind many questions for its franchise owners.

Bennigan's Franchisees Eye Closed Locations

After their franchisor went belly-up last week, Bennigan's franchisees were left still open but scratching their heads on how to pick up the pieces.