Krispy Kreme franchisee emerges from Ch. 11

LOS ANGELES Krispy Kreme franchisee Great Circle Family Foods LLC confirmed this week that it has emerged from Chapter 11 bankruptcy proceedings.

According to Great Circle, the U.S. Bankruptcy Court for the Central District of California has confirmed the franchisee’s plans for reorganization. The company, which now operates 11 Krispy Kreme units in Southern California, has worked to restructure its operations and balance sheet and agreed to ensure the continuing

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