Encanto Restaurantes Hosts Chapter 11
4 Articles
4 Articles
The document submitted to Puerto Rico's Federal Bankruptcy Court specified which corporations and suppliers were owed large amounts of money.
Encanto Restaurantes, the company that operates the restaurants KFC, Taco Bell, Pizza Hut and IHOP in Puerto Rico, took over Chapter 11 of the Bankruptcy Law in the middle of the closure of its establishments on the island.
Encanto Restaurantes, Inc., the fast food chain operator KFC, Taco Bell and Pizza Hut in Puerto Rico, filed a bankruptcy petition under Chapter 11 in the United States Bankruptcy Tribunal for the District of Puerto Rico, with debts amounting to $123.9 million.
Amid the sudden closure of its Kentucky Fried Chicken (KFC), Taco Bell, Pizza Hut and IHOP restaurants.
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