LUBBOCK, TX (KCBD) -
A Lubbock business owner, John W. Beakley, filed for Chapter 7
bankruptcy on Monday. Beakley's
company, Roundtable Corp., owns a long list of Dairy Queen locations in Texas, including
Idalou and Wolfforth.
But to clarify, his business does not own the DQ locations inside
Lubbock.
Roundtable also owns I27 Power Sports and I27 Marine.
Beakley's company filed for Chapter 11 Bankruptcy on March 1, at
roughly the same time as several people came forward to accuse him of investor
fraud in a civil lawsuit. Beakley has
not yet responded to the allegations.
While his business might try to reorganize under Chapter 11, his
personal bankruptcy calls for liquidation.
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