
Wendy's Franchisee Meritage Hospitality Files for Chapter 11 Bankruptcy Protection
One of Wendy's largest U.S. franchise operators sought bankruptcy protection amid broader struggles at the burger chain, CNBC reported.

One of Wendy's largest U.S. franchise operators sought bankruptcy protection amid broader struggles at the burger chain, CNBC reported.

The Washington arts institution says it faces dire financial and physical conditions and could close as early as Tuesday without intervention.

The Saudi-backed golf league says it intends to launch its next season early next year after filing for bankruptcy protection in the United States.

BBC News reports that LIV Golf has filed for bankruptcy protection in the United States, with the circuit intending to launch a new league structure early next year.

The Saudi-backed breakaway golf tour, which lost its financial backers earlier this year, says it plans to restructure and relaunch in a new form.

The golf league's proposed bankruptcy plan would shift majority ownership to its players, CNBC reported.