Bidding to Buy Upper Crust Pizzerias: Ex-Workers — and their Attorney
Reported to be among the bidders at today's auction for the bankrupt pizza places: both ex-workers (+ their lawyer) and ex-managers.
The attorney who represents ex-employees in a class-action lawsuit is among the bidders at today's auction for 10 Upper Crust locations. The pizza chain went under in October, with, says the Boston Herald, debt of $3-4 million. The Herald writes: The company sought bankruptcy protection after it defaulted on bank loans, the U.S. Labor Department forced it to pay $342,000 in back wages to 121 employees, and several lawsuits were filed against it. Some of those same employees, along with their lawyer, are among bidders for the bankrupt company, according to the Boston Globe. The Globe quotes attorney Shannon Liss-Riordan, who represents workers in their suit, as saying: The plan is for employees to have ownership shares, and we are very …
In this Article: