As someone commented below, we’ve just learned that Heartland Automotive Services, the big Jiffy Lube franchisee with 400-plus facilities that filed bankruptcy back in January, has petitioned the bankruptcy court to allow Heartland to void its contract with Jiffy Lube International and sign an agreement to re-brand its stores as Castrol Premium Lube Express facilities. The hearing on that petition is scheduled for Oct. 10.
If the bankruptcy court allows such a move, it would be an obvious boon for Castrol’s fledgling signage program and a pretty big hit to Jiffy Lube International, which would see its Jiffy Lube network drop to 1,800 facilities from 2,200. You can read more about the petition, including downloading the actual petition itself, here. (Look at docket #770, specifically.)