100 Montaditos Has Emerged From Bankruptcy

After eight months of reorganizing since filing for Chapter 11 bankruptcy, 100 Montaditos is in the clear. The Spanish franchise closed 10 of its Florida locations during its time of bankruptcy, the outposts in each New York and Washington D.C. remained open.

In a statement, 100 Montaditos managing director Ignacio Garcia Nieto said "We look forward to continuing developing the 100 Montaditos brand demonstrating our commitment to the U.S. market," outside of the U.S. the franchise has 350 locations.

• Restaurant News: 100 Montaditos emerges from bankruptcy.