FDD Items 3 & 4 · 2023 filing
The Original Hot Chicken litigation history
What The Original Hot Chicken disclosed about lawsuits, arbitrations and bankruptcy in the 2023 Franchise Disclosure Document. Item 3 lists the material legal actions a franchisor must report; Item 4 covers bankruptcy. This is the franchisor's own disclosure, not a court record, and not legal advice.
Items 3 & 4 at a glance
What the filing discloses
- Cases disclosed
- 0
- Item 3, as counted in the filing
- Largest disclosed settlement
- N/A
- Bankruptcy (Item 4)
- Disclosed
- Franchisor, parent, predecessor or officer
- Filing year
- 2023
- Disclosures cover the prior ten years
Extracted from the 2023 Franchise Disclosure Document
Item 3: litigation
No litigation information disclosed in Item 3
Disclosed in the 2023 Franchise Disclosure Document
Item 4: bankruptcy
Two bankruptcy filings disclosed: (1) Ruby Tuesday, Inc. et al. - Chapter 11 filed October 7, 2020 in U.S. Bankruptcy Court, District of Delaware (Case Nos. 1:20-BK-12456 to 124507); reorganization plan effective February 24, 2021; case closed December 10, 2021. Principal addresses: 333 East Broadway Avenue, Maryville, TN 37804 and 4170 Ashford Dunwoody Road, Suite #390, Atlanta, GA 30319. (2) Buyk Corp - Chapter 11 filed March 17, 2022 in U.S. Bankruptcy Court, Southern District of New York (Case No. 22-10328); converted to Chapter 7 on October 31, 2022; claims period ended March 27, 2023; case not yet discharged. Principal address: 360 West 31st Street, Floor 6, New York, NY 10001.
Disclosure signals that moved the score
How this shows up in the verdict
- Bankruptcies are officer's prior affiliations, not franchisor
The verdict grade is FranchiseVerdict's editorial assessment across SBA loan performance, unit growth, revenue and disclosure signals. It is not investment advice.
Before you weigh a lawsuit
How to read Item 3
A franchisor must disclose pending actions and any material civil action involving the franchise relationship, plus convictions or civil judgments for fraud, unfair or deceptive practices, or franchise-law violations, going back ten years. A case the franchisor brought against a franchisee counts too. Item 3 does not include every dispute: settled claims below the materiality line and matters resolved in private arbitration can be absent.
Questions worth asking current and former franchisees, using the contact list in Item 20:
- Were you, or anyone you know in the system, party to a dispute with the franchisor?
- Was it resolved by settlement, arbitration or a court, and on what terms?
- Has the number of disputes gone up or down since you signed?