Back Yard Burgers Inc., an operator of quick-service restaurants, filed for bankruptcy protection with a pre-negotiated plan to restructure its debt, Bloomberg News reported yesterday. The company listed assets of as much as $10 million and debt of as much as $50 million in chapter 11 documents filed yesterday. BYB Properties, Nashville BYB and Little Rock Back Yard Burgers also sought protection. The filing does not include franchise-owned locations. Back Yard Burgers, based in Nashville, Tenn., operates and franchises restaurants in 20 states, mainly in the Southeast region of the U.S.
