Donut chain files Chapter 11 bankruptcy as Jacks Donuts of Indiana Commissary seeks court protection. The company owes over ...
Three related businesses operated by Jack’s Donuts owner and CEO Jack “Lee” Marcum III have filed Chapter 11 petitions, ...
The franchisor of Jack’s Donuts has filed for bankruptcy. Customers can still get their doughnut fixes at its shops despite ...
Who knew the pastry world could get so dark? One chain seems to be in serious financial trouble, and it's made enemies of ...
Jack’s Donuts filed for bankruptcy October 29 following legal issues and franchisee complaints. In a statement on Facebook, ...
Jack’s Donuts of Indiana Commisarry LLC has officially filed for Chapter 11 bankruptcy. According to court documents filed ...
Founded in 1961 in New Castle, India, the franchisor of the brand and its commissary on Wednesday said Jack’s Donuts of Indiana Commissary has more than 100 creditors and $14.2 million in liabilities.
Despite the filing, Jack's Donuts stated on Facebook that stores remain open and operations will continue uninterrupted.
The filing, submitted to the U.S. Bankruptcy Court for the Southern District of Indiana, reveals over $14 million in liabilities and $1.4 million in personal property assets.
Despite its longevity, this lovable Midwestern grocery chain went bankrupt 25 years ago, much to the dismay of longtime shoppers.
The Indiana-based chain declared Chapter 11 bankruptcy amid numerous lawsuits. The brand has franchisees that remain open.
The Indiana-based doughnut chain filed for Chapter 11 bankruptcy, citing $14 million in liabilities. Here's what it means for their stores.