Parties battling over a popular Chicago steakhouse have ceased fire, filing a confidential settlement agreement after years of litigation. The plaintiffs—Chicago real estate developers Sean Conlon and Steve Horvath and their single purpose LLC, Wexford—and defendants Phil Martin, Matthew McCahill, … [Read more...]
Settlement Reached in Contentious, Yearslong Battle Over ‘Chicago Chop House’ Restaurant
Chicago Restaurant Biz Sanctioned For Its Sanctions Bid
The management firm for the famed Chicago restaurant Maple & Ash has been sanctioned in an Illinois court for its effort to sanction investors who claimed it dissolved the company behind the restaurant to avoid repaying millions it wrongfully obtained from the Paycheck Protection Program. Click … [Read more...]
Chicago Chop House owners agree to pay investor Sean Conlon after cutting him out of 2017 deal to buy restaurant
The owners of the Chicago Chop House have agreed to pay an undisclosed amount to Chicago real estate developer Sean Conlon for allegedly cutting him out of their 2017 purchase after a previous $5.9 million deal to buy the iconic River North steakhouse was terminated. Click here to read the full … [Read more...]
Investors say a fancy steakhouse in Chicago ‘misappropriated’ millions from feds
Estranged investors in one of Chicago’s most successful restaurants say they have proof the founders of the Maple & Ash steakhouse engaged in “rampant misappropriation” of federal pandemic relief funds and diverted millions of dollars into other accounts, according to newly unsealed court … [Read more...]
Conlon wins suit over Chicago Chop House sale
A judge has served up a victory to a real estate entrepreneur who said he was cut out of a deal to buy a River North steakhouse. Click here to read the full article. … [Read more...]
