Attorney Steven Zaleski has represented a number of individuals and small business owners who have been involved in the restaurant business in Madison and southern Wisconsin. It is indeed a tough business. Just how tough? Recently, NPC International, the largest franchisee of Pizza Hut and Wendys restaurants, has filed for bankruptcy under chapter 11 of the bankruptcy code. The franchisee operates about 1200 Pizza Huts and 400 Wendys restaurants across the country, and employees 40,000 people in 27 different states. Media reports cite $ 1 billion in debt, shutdowns related to Covid 19, and rising labor and food costs, as the perfect storm which has caused the bankruptcy filing. If you operate a small business or restaurant and are struggling, you are not alone. If you need help or advice, contact the Zaleski Law Firm, Madison, Wisconsin.
Pizza Hut, Wendys….and bankruptcy?
By zaleski|2020-07-15T00:27:04+00:00July 15th, 2020|Uncategorized|0 Comments
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