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Domino's Pizza franchisee files for bankruptcy putting store in tourist hotspot at risk [Yahoo! Finance]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Yahoo! Finance
North Country Pizza, Inc, which operates one store in Oceanside , filed for bankruptcy on March 11, 2026. According to a voluntary petition, the corporation estimates its liabilities range from $1,000,001 to $10 million. The court filing also revealed that Domino's itself was among the top 20 creditors with the largest debts owed by North Country Pizza, Inc. A California-based Domino's franchisee has filed for Chapter 11 bankruptcy protection (Domino's) The total debt owed by the franchisee to those 20 creditors exceeded $3.3 million, according to the filing. A Chapter 11 filing is often referred to as a “reorganization” bankruptcy. According to the U.S. Courts website , debtors usually remain able to operate their business and have the powers and duties of a trustee. In some cases, debtors can even borrow new money. Meanwhile, a reorganization plan is proposed, which the company's creditors will usually vote on. At that point, the plan may be confirmed by the court. Oc Show less Read more
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