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Jack in the Box franchisee files for bankruptcy

ROSEVILLE Calif. Blaming worsening economic conditions, Kobra Properties, a real estate developer and a franchisee of Jack in the Box and other restaurant brands, has filed for Chapter 11 bankruptcy.

Company officials said its restaurant operations would not be affected by the filing, which was made last week in federal bankruptcy court in Sacramento.

Kobra said it operates 71 Jack in the Box units, four Qdoba restaurants and five T.G.I. Friday's

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