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Property

Property

Providing perspective and contextual insights on all aspects of Property within the state of Utah, from public to private land, and from commercial to residential development and more, but especially as seen through a monetary lens.

Pending Bankruptcy Court Approval Today, the Burger King Company will Purchase 17 Utah Stores Back from its Franchisee: Ogden, Utah-based Meridian Restaurants Unlimited

Pending Bankruptcy Court Approval Today, the Burger King Company will Purchase 17 Utah Stores Back from its Franchisee: Ogden, Utah-based Meridian Restaurants Unlimited

With 116 Burger King franchise units then spread across nine states, Ogden, Utah-based Meridian Restaurants Unlimited filed for Chapter 11 bankruptcy protection on 2 March 2023. Since March, Meridian has sought, and gained, approval from the U.S. Bankruptcy Court (District of Utah) to shutter nine under-performing stores.   But now,
David Politis