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Keystone Pizza Partners LLC, a Pizza Hut franchisee based in Overland Park, filed for Chapter 11 bankruptcy protection in the District of Kansas on May 3.
The company's bankruptcy filings showed it has $7.09 million in total liabilities and $3.45 million in total assets, including $238,350 in various bank accounts.
A balance sheet in the filings show Keystone Pizza already was struggling prior to the Covid-19 outbreak. The company had sales of $15.73 million and expenses of $16.26 million in 2019,…