Wendy’s Operator Meritage Files Chapter 11 on $175M Debt
Meritage Hospitality Group filed Chapter 11 bankruptcy after defaulting on $150M bank debt and $24.9M in Wendy’s royalties amid declining traffic.
wendy’s
Meritage Hospitality Group filed Chapter 11 bankruptcy after defaulting on $150M bank debt and $24.9M in Wendy’s royalties amid declining traffic.