Wendy’s seeks nearly $147 million from franchisee after Chapter 11 filing
AI Summary- Meritage Hospitality Group filed Chapter 11 after Wendy’s sought to terminate its franchise agreement.
- Wendy’s claims Meritage owes approximately $146.9 million in royalties, fees and closure-related charges.
- Meritage operates 314 Wendy’s restaurants across 15 states and employs around 9,000 people.