Hot Dog On A Stick Files Ch. 11 Due To Costly Leases

Law360, Los Angeles (February 3, 2014, 9:19 PM EST) -- The owners of mall-based fast-food chain Hot Dog on a Stick filed for Chapter 11 on Monday, citing high leasing costs that it hopes to renegotiate.

Employee-owned HDOS Enterprises, known for its corn dogs, cheese on a stick and other deep-fried state fair snacks, said in its petition that it had between $10 million and $50 million in assets and between $1 million and $10 million in liabilities.

High-priced leases signed at the peak of the real estate bubble and falling mall foot traffic dragged down...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.