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Applebee's Franchisee Files Ch. 11 Plan As Litigation Looms

By Vince Sullivan ( September 5, 2018, 8:35 PM EDT) -- RMH Franchise Holdings Inc. filed a Chapter 11 plan of reorganization Tuesday in Delaware that calls for a $10 million sale of new common stock to existing equity sponsor Acon Franchise Holdings Inc. and hinges on the debtor succeeding in litigation with Applebee's over the validity of agreements that allow RMH to operate more than 100 Applebee's restaurants....

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