The Little Mint, Inc. d/b/a Hwy 55 Burger Shakes & Fries Files Voluntary Chapter 11 Petition to Address Liabilities and Position Restaurants for Long-Term Success
Restaurants Remain Open and Continue to Serve Customers as Usual
RALEIGH, North Carolina, December 31, 2024 – The Little Mint, Inc. (the “Company”), doing business as Hwy 55 Burger Shakes & Fries restaurants, filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the Eastern District of North Carolina today. The case is pending before the Honorable Joseph N. Callaway and administered under case number 24-04510- 5-JNC.
The Company expects to use the time and legal protections made available through the Chapter 11 restructuring process to allow the Company to explore strategic alternatives in order to ensure the long-term viability of the brand. The Company has 22 corporate-owned restaurants and has franchised the brand to 71 franchisees. The majority of the restaurants are located throughout the Southeast.
All franchisee locations are independently owned and are open and serving customers as usual. The Company’s restaurants will remain open and operating as usual during the Chapter 11 process, continuing to provide their delicious hand-pattied burgers and cheesesteaks to their customers.
The Company has filed motions with the Bankruptcy Court that, when approved, will allow the Company to, among other things, continue its customer programs in the normal course. The Company intends to use the proceedings to drive operational improvements and simplify the business as a result of recent store closings.
“The primary driver of our financial challenges resulted from costs and labor shortages associated with COVID-19, which unfortunately coincided with our brand expansion. This restructuring will allow our restaurants to continue to serve our beloved customers in towns and communities through the United States and support our hardworking employees. I have never been more excited about the future of this company,” said Kenney Moore, President.
The Company’s legal advisors are Hendren, Redwine & Malone, PLLC. Additional information, including claims information, can be found at https://omniagentsolutions.com/HWY55 or by contacting Omni Agent Solutions, the Company’s noticing and claims agent, via email at Hwy55Inquiries@OmniAgnt.com or by calling (866) 680-8026 for toll-free U.S. and Canada or (747) 293-0119 for International calls.
