A Carl's Jr. franchisee has filed for bankruptcy in California, citing the high minimum wage. The operator, Friendly Franchisees Corporation, filed for Chapter 11 bankruptcy in California last week. A ...

A Carl's Jr. franchise operator has declared bankruptcy in California (Image: Bloomberg via Getty Images) A Carl's Jr. franchise operator has filed for bankruptcy in California, citing the state's ...

A major Carl’s Jr. franchisee that operates 65 locations across California has filed for Chapter 11 bankruptcy protection. Multiple companies owned by Harshad Dharod, CEO of Friendly Franchisees ...

The franchise model comes with risks and rewards for restaurants. On the positive side, a chain can expand quickly without spending significant capital. That, however, comes with the risk that a ...

Sun Gir, Inc. has asked the court to consolidate the cases into a single proceeding, a routine move when related businesses file at the same time, according to the outlet. Doing so allows the court to ...