Treasure Isles Inc. of Lexington, Ky., a 26-unit Long John Silver’s franchisee that sought Chapter 11 bankruptcy protection Feb. 1, filed its suit last week in U.S. Bankruptcy Court for the Eastern District of Kentucky.
The lawsuit alleges the A&W and Long John Silver’s co-branding efforts -- which Yum Brands said earlier this year it would limit as a growth strategy -- resulted in restaurants that were not as profitable as stand-alone locations.
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