Owner of closed Huddle House restaurants files for bankruptcy

06/16/2014 3:57 PM

06/16/2014 3:57 PM

Ron Lee, owner of two now-closed Huddle House restaurants, filed last week for Chapter 7 bankruptcy.

In the court filing, Lee, doing business as Leaky Cup Holdings, reported liabilities of $1.2 million and assets of $316,000.

Chapter 7 means a liquidation of the business and any non-protected personal assets.

Lee and fellow-franchisee David Key opened a Huddle House location in Newton in mid-2011. A second one opened in El Dorado shortly after.

The largest listed debtors listed in the bankruptcy are Kanza Bank, $404,147; Relianz Bank, $347,461; and the U.S. Small Business Administration, $260,598.

Lee decline to comment.

Wichita Top Jobs

View All Top Jobs

Join the discussion

is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service