Gigi’s Cupcakes recordsdata for chapter amid ongoing combat with franchisees | Eating places

Gigi's Cupcakes files for bankruptcy amid ongoing fight with franchisees | Restaurants

Gigi’s Cupcakes operates dozens of franchises throughout the US. Gigi’s has eight outlets in North Texas, together with areas in Carrollton, Dallas, Fort Price, Frisco and Granbury.

The outlets are named for Gina “Gigi” Butler, a Nashville entrepreneur who launched her enterprise in 2008 and bought it for $6 million in 2016 to Fort Price funding agency FundCorp, in keeping with court docket paperwork. The outlets promote about 15 forms of cupcakes piled excessive with frosting. Butler nonetheless operates her authentic Gigi’s Cupcakes on Broadway in Nashville, and she or he acts as a franchisee.

However 18 of her fellow franchisees have filed a federal lawsuit in opposition to Butler, her enterprise companion Alan Thompson, the guardian firms and others. The lawsuit claims the corporate misrepresented itself financially, threatening franchisees’ skill to achieve success.

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