BRIEF-Franchise Services Of North America Announces Update On Bankruptcy Proceedings

April 10 (Reuters) - Franchise Services of North America Inc :

* FRANCHISE SERVICES OF NORTH AMERICA INC. ANNOUNCES UPDATE ON BANKRUPTCY PROCEEDINGS

* FRANCHISE SERVICES OF NORTH AMERICA INC SAYS MACQUARIE PARTIES AND CO REACHED AN AGREEMENT TO TEMPORARILY CEASE ANY ADVERSARY PROCEEDINGS Source text for Eikon: Further company coverage: