Bankrupt Franchisee Sues Yum Over Co-Branding

Law360, New York (September 20, 2010, 4:44 PM EDT) -- Fast food franchise owner Treasure Isles Inc. has sued Yum Brands Inc., accusing Yum of driving it into bankruptcy by abandoning the development of co-branded Long John Silver’s and A&W restaurants.

Treasure Isles filed a complaint Thursday in the U.S. Bankruptcy Court for the Eastern District of Kentucky alleging that Yum, which owns A&W and Long John Silver's, committed fraud, breach of contract and other tortious actions in connection with the sale and development of seven co-branded restaurant franchises that Treasure Isles owned and operated....
To view the full article, register now.