UPDATE: Jack in the Box franchisee reopens 70 units

ROSEVILLE Calif. Jack in the Box franchisee Kobra Associates Inc. said it has reopened its 70 Northern California restaurants after filing for Chapter 11 bankruptcy protection from creditors, including the state tax collector.

The Roseville, Calif.-based company on Friday reopened the 70 restaurants closed at midnight Wednesday as a result of what the Jack in the Box franchisee described as tax “issues” and the need for “negotiations” with the California State Board

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