Investors in the celebrated Chicago restaurant Maple & Ash are suing its management group, saying it took the "brazen step" of dissolving the company behind the restaurant in violation of its operating agreement because it did not want to repay millions it stole in Paycheck Protection Program … [Read more...]
Investors Sue Over End Of Lauded Chicago Restaurant Biz
The latest allegation in Maple & Ash feud: Secret bank accounts
In the latest salvo between the co-founders of Maple & Ash steakhouse, one has accused the other of opening "secret bank accounts" at Chase Bank. Click here to read the full article. … [Read more...]
Condo flippers allege neighbors intentionally spoiled a sale at Water Tower
The rehabbers accuse downstairs neighbors of using a court fight to keep the condo unsold and thus noiseless, costing the rehabbers $1.1 million by the time they were able to sell in a COVID-whipped market. Click here to read the full article. … [Read more...]
Chicago Cut Steakhouse Agrees to Settle Lawsuit Filed by Investors for $5M
Chicago Cut Steakhouse, a high-end eatery known for serving and hosting elite members of society, recently agreed to settle a lawsuit for more than $5 million. According to the settlement proposal, the suit was filed by a group of well-connected investors back in 2018 in Cook County. Click here to … [Read more...]
Chicago Cut Steakhouse, High-End Restaurant For Rich And Famous, To Pay More Than $5 Million To Investors Under Settlement Proposal
The owners of Chicago Cut Steakhouse, a critically acclaimed high-end restaurant known for serving the political and business elite, agreed to pay more than $5 million to settle a lawsuit filed by a group of well-connected investors, according to a private settlement proposal obtained by WBEZ. Click … [Read more...]