Home / Business and Economy / Jack's Donuts Commissary Files for Chapter 11 Bankruptcy Amid Lawsuits
Jack's Donuts Commissary Files for Chapter 11 Bankruptcy Amid Lawsuits
31 Oct
Summary
- Jack's Donuts of Indiana Commissary LLC files for Chapter 11 bankruptcy
- Lawsuits and judgments against CEO Lee Marcum and his businesses
- Cease and desist order alleges Marcum violated securities laws
On October 29, 2025, Jack's Donuts of Indiana Commissary LLC filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Indiana. The filing cites over $14 million in liabilities and more than 100 creditors, including businesses with existing judgments against the company.
The bankruptcy is the latest development in the ongoing troubles surrounding Jack's Donuts and its CEO, Lee Marcum. Earlier this year, WRTV Investigates reported on civil lawsuits and judgments against Marcum and his businesses. In May 2025, the Indiana Secretary of State's Securities Commissioner issued a cease and desist order, alleging Marcum and his companies unlawfully offered unregistered securities to investors.
The bankruptcy filing indicates the company is seeking to reorganize its finances under court supervision, rather than liquidating assets entirely. Experts say this typically involves a restructuring of the business's ownership and debt. However, the future of the donut chain remains uncertain as it navigates these legal and financial challenges.
