Mrs. Winner's files for Ch. 11

The parent of the Mrs. Winner’s Chicken & Biscuits quick-service chain has filed for Chapter 11 bankruptcy protection.

Famous Recipe Company Operations LLC filed in U.S. Bankruptcy Court of the Northern District of Georgia. The filing listed estimated assets of about $2.4 million and liabilities of nearly $22 million.

Court documents show that the chain’s income had been falling steadily, from $64.4 million in 2007 to $55.7 million in 2008 and $40.

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