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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 Corporation, the group behind those restaurants, submitted filings late last week in the Golden State, Restaurant Business reports. The entities include Sun Gir, Inc., Senior Classic Leasing, DFG Restaurants, Second Star Holdings and Third Star Investments, the outlet added.