A woman claiming she was attacked by a security guard at a south suburban Hooters restaurant after disputing her bill filed a lawsuit Wednesday against the restaurant chain.
Livier Torres claims a Hooters security guard attacked her Jan. 10 inside a restaurant on the 9100 block of South Cicero Avenue in Oak Lawn after she disputed charges on her bill, according to a suit filed in Cook County Circuit Court.
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Thursday, November 18, 2010
Texas-based restaurant chain sues Ark eatery owner
FAYETTEVILLE, Ark. — A Texas-based restaurant chain is suing an Arkansas restaurant owner for trademark infringement.
Texas-based chain Twin Peaks features scantily-clad female servers in a mountain snow lodge-style atmosphere. The Arkansas owner, Kevin Laughlin, incorporated his company called Grand Tetons LLC in July 2009 and plans to open a restaurant called Northern Exposure next month.
In the lawsuit filed in federal court in Dallas, Twin Peaks claims Laughlin approached the company in spring 2009 and spent time learning about the business. The company claims it helped him select a location for a Twin Peaks franchise in Fayetteville.
The lawsuit claims Laughlin pulled out of the negotiations after a few months, saying he'd develop his own business model.
The Northwest Arkansas Times reports the staff at Laughlin's restaurant said he was too busy to be interviewed Wednesday.
Texas-based chain Twin Peaks features scantily-clad female servers in a mountain snow lodge-style atmosphere. The Arkansas owner, Kevin Laughlin, incorporated his company called Grand Tetons LLC in July 2009 and plans to open a restaurant called Northern Exposure next month.
In the lawsuit filed in federal court in Dallas, Twin Peaks claims Laughlin approached the company in spring 2009 and spent time learning about the business. The company claims it helped him select a location for a Twin Peaks franchise in Fayetteville.
The lawsuit claims Laughlin pulled out of the negotiations after a few months, saying he'd develop his own business model.
The Northwest Arkansas Times reports the staff at Laughlin's restaurant said he was too busy to be interviewed Wednesday.
Former Fairborn hotel manager sentenced in rape case
XENIA, Ohio -- 42-year-old Hitesh Patel, the Fairborn Motel 6 general manager found guilty of rape and other sexual misconduct involving employees was sentenced to six years in prison yesterday in the Greene County Common Pleas Court.
Patel had faced a maximum of 16-and-a-half years for the eight charges a jury convicted him of on September 29. He was ordered to serve his time in the Ohio Department of Rehabilitation and Correction.
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Massachusetts Fines UBS $100,000 In Hedge-Fund Hotel Case
NEW YORK (Dow Jones)--Massachusetts fined UBS Securities LLC $100,000 to settle a complaint the firm didn't enforce the full disclosure of its arrangements with hedge fund advisers.
UBS Securities, a unit of UBS AG (UBS, UBSN.VX), settled the allegations without admitting or denying wrongdoing, a spokesman for Massachusetts Secretary of the Commonwealth William F. Galvin said Thursday. UBS spokeswoman Allison Chin-Leong said, "we're pleased to have resolved the matter."
The case dates back to a 2002 inquiry into ABN Amro Securities LLC, a prime broker that offered hedge funds office space, technology and other services in an arrangement known as a "hedge-fund hotel." UBS acquired ABN Amro's prime brokerage business in 2003 for $250 million. Massachusetts' Galvin said UBS didn't enforce a requirement that its hedge-fund hotel clients disclose their arrangements with the bank to investors.
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UBS Securities, a unit of UBS AG (UBS, UBSN.VX), settled the allegations without admitting or denying wrongdoing, a spokesman for Massachusetts Secretary of the Commonwealth William F. Galvin said Thursday. UBS spokeswoman Allison Chin-Leong said, "we're pleased to have resolved the matter."
The case dates back to a 2002 inquiry into ABN Amro Securities LLC, a prime broker that offered hedge funds office space, technology and other services in an arrangement known as a "hedge-fund hotel." UBS acquired ABN Amro's prime brokerage business in 2003 for $250 million. Massachusetts' Galvin said UBS didn't enforce a requirement that its hedge-fund hotel clients disclose their arrangements with the bank to investors.
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Judge says Disney can't bar Anaheim hotel cabbies
SANTA ANA -- A judge says Disney Resorts can't bar cabbies from Disneyland, California Adventure, Downtown Disney and its three hotels.
Orange County Judge James Di Cesare on Wednesday granted a temporary restraining order until he hears arguments claiming Disney and Anaheim's Hilton and Marriott hotels are creating a monopoly by favoring one cab company. There are three licensed cab companies in Anaheim. Read More:
Wednesday, November 17, 2010
How Much Is Sysco Worth?
Sysco (NYSE: SYY) is practically the epitome of boring. The company distributes foodstuffs to hundreds of thousands of customers around the country so that those customers can chop, fry, cook, and put delicious meals in front of us when we go out to eat.
The company is a big dog in an even bigger industry, but it's neither a sexy industry nor one that promises scorching growth. On the flip side, though, Sysco's competitive position, scale, and industry make it a particularly safe and stable pick in a world where security seems to be AWOL. At the same time, Sysco's stock pays a none-too-shabby 3.6% dividend and has an enviable record of growing its payout.
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The company is a big dog in an even bigger industry, but it's neither a sexy industry nor one that promises scorching growth. On the flip side, though, Sysco's competitive position, scale, and industry make it a particularly safe and stable pick in a world where security seems to be AWOL. At the same time, Sysco's stock pays a none-too-shabby 3.6% dividend and has an enviable record of growing its payout.
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Tulsa Crown Plaza becomes a Hyatt
The Crowne Plaza Hotel, once mired in bankruptcy and foreclosure, will soon have new life as a Hyatt Regency.
Jeff Keeley, general manager of the downtown hotel, announced the brand change Monday morning during an interview on local radio station KMYZ.
He said on the air that the changeover, effective Jan. 1, apparently means that the 462-room hotel's new owner, Sorin Real Estate, intends to invest in the property for the long term.
Keeley declined to comment further after the radio show.
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Jeff Keeley, general manager of the downtown hotel, announced the brand change Monday morning during an interview on local radio station KMYZ.
He said on the air that the changeover, effective Jan. 1, apparently means that the 462-room hotel's new owner, Sorin Real Estate, intends to invest in the property for the long term.
Keeley declined to comment further after the radio show.
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Google Hotpot challenges Yelp's restaurant rater
Google is getting into the restaurant rating biz, with its new launch of Hotpot, a sort of Yelp/Foursquare/Facebook mash-up linked to Google Places.
Google maps already aggregate ratings from other rating websites like Citysearch and OpenTable, but Hotpot is more personalized. It tailors its recommendations based on places that you, and others in your social network, have rated highly. (It's similar to Facebook Places, but instead of just "like"ing a place, the user can give a rating somewhere between Love and Hate.) After Yelp rejected Google's purchase offer last year, might this competing product be considered an act of revenge?
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Google maps already aggregate ratings from other rating websites like Citysearch and OpenTable, but Hotpot is more personalized. It tailors its recommendations based on places that you, and others in your social network, have rated highly. (It's similar to Facebook Places, but instead of just "like"ing a place, the user can give a rating somewhere between Love and Hate.) After Yelp rejected Google's purchase offer last year, might this competing product be considered an act of revenge?
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Bravo Brio Restaurant Group, Inc. Reports Financial Results for the Third Quarter 2010
-- Revenues increased 8.9% to $83.7 million from $76.8 million
-- Total comparable restaurant sales increased 1.1%
-- Restaurant-level operating profit increased 3.1% to $14.4 million from
$14.0 million. Excluding a non-recurring gain of $1.2 million recorded
in the third quarter of 2009 related to the sale of a restaurant,
restaurant-level operating profit increased 12.7%.
-- GAAP net loss available to common shareholders of ($0.3) million, or
($0.04) per diluted share, compared to GAAP net income available to
common shareholders of $0.5 million, or $0.07 per diluted share for the
year-ago period.
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-- Total comparable restaurant sales increased 1.1%
-- Restaurant-level operating profit increased 3.1% to $14.4 million from
$14.0 million. Excluding a non-recurring gain of $1.2 million recorded
in the third quarter of 2009 related to the sale of a restaurant,
restaurant-level operating profit increased 12.7%.
-- GAAP net loss available to common shareholders of ($0.3) million, or
($0.04) per diluted share, compared to GAAP net income available to
common shareholders of $0.5 million, or $0.07 per diluted share for the
year-ago period.
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Arturo Carvajal, Miami Doctor, Sues Houston's Restaurant For Not Teaching Him How To Properly Eat Artichoke
Your average person knows how to eat an artichoke: Using your teeth, you scrape the meat from the bottom of each leaf.
But Miamian Arturo Carvajal, a doctor with a family practice in Hollywood and litigant in one of the stranger lawsuits we've ever seen, was mystified by the vegetable.
"It takes a sophisticated diner to be familiar with the artichoke," says Carvajal's lawyer, Marc R. Ginsberg. "People might think that as a doctor, he'd know how to eat one. But he was thinking it was like a food he might have eaten in his native Cuba, where you eat everything on the plate."
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But Miamian Arturo Carvajal, a doctor with a family practice in Hollywood and litigant in one of the stranger lawsuits we've ever seen, was mystified by the vegetable.
"It takes a sophisticated diner to be familiar with the artichoke," says Carvajal's lawyer, Marc R. Ginsberg. "People might think that as a doctor, he'd know how to eat one. But he was thinking it was like a food he might have eaten in his native Cuba, where you eat everything on the plate."
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BankServ and BirchStreet Systems Partner to Speed and Simplify Procurement Payments for the Hospitality Industry
SAN FRANCISCO, CA and NEWPORT BEACH, CA--(Marketwire - November 17, 2010) - BankServ and BirchStreet Systems, Inc. today announced they have entered into a strategic partnership to package remote check capture capability with BirchStreet's award-winning procure-to-pay platform. Under the terms of the deal, BirchStreet clients will gain the option to use BankServ's DepositNow online check deposit and receivables management system to speed and simplify payments related to the global procurement-to-pay process.
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Auction of 1-800-Hotels set to pay creditors
A Tampa Internet hotel booking company whose fight with suppliers left thousands of customers stranded without rooms this summer will be sold to pay creditors.
Bankruptcy Judge Caryl Delano has approved a Nov. 29 auction of 1800Hotels. The company filed for bankruptcy reorganization in July but last month asked the court to liquidate its assets.
Dubliner Graham Peakin founded 1800Hotels to sell discount hotel rooms first by phone, then online to Irish travelers. The company expanded to Tampa in 2008 to tap the U.S. market with the website 1800Hotels.com .
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Bankruptcy Judge Caryl Delano has approved a Nov. 29 auction of 1800Hotels. The company filed for bankruptcy reorganization in July but last month asked the court to liquidate its assets.
Dubliner Graham Peakin founded 1800Hotels to sell discount hotel rooms first by phone, then online to Irish travelers. The company expanded to Tampa in 2008 to tap the U.S. market with the website 1800Hotels.com .
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Bob Evans misses analysts fiscal Q2 expectations
Bob Evans Farms Inc., owner of an eponymous restaurant chain as well as Mimi's Cafe, reported Tuesday that its second-quarter revenue and net income fell. The company beat its own guidance, however, and raised its forecast for the fiscal year.
In the quarter that ended Oct. 29, 2010, the company's earnings fell to $7.8 million, or 26 cents per share, from $15.5 million, or 50 cents per share, a year ago. Analysts, on average, were expecting earnings of 40 cents per share, excluding one-time items, according to Thomson Reuters.
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In the quarter that ended Oct. 29, 2010, the company's earnings fell to $7.8 million, or 26 cents per share, from $15.5 million, or 50 cents per share, a year ago. Analysts, on average, were expecting earnings of 40 cents per share, excluding one-time items, according to Thomson Reuters.
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Steakhouse bigwig Glazier Group files for bankruptcy
The Glazier Group, which owns Michael Jordan's The Steakhouse NYC in Grand Central Terminal and six Strip House restaurants, filed for Chapter 11 bankruptcy protection on Monday.
Co-owners Peter and Penny Glazier said the filing in U.S. Southern District Court does not affect the company's restaurants or catering venues, including Bridgewaters and Twenty Four Fifth in Manhattan
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Co-owners Peter and Penny Glazier said the filing in U.S. Southern District Court does not affect the company's restaurants or catering venues, including Bridgewaters and Twenty Four Fifth in Manhattan
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