Upper Crust, the gourmet pizza chain that expanded rapidly over the last decade, but in recent years struggled with labor troubles, financial problems, and ownership disputes, has filed for bankruptcy protection.
The Boston company, which defaulted on its loan to TD Bank in late September, said it owes at least $3.4 million, including more than $500,000 to a Brookline construction company, $234,235 to a local food distributor, and $229,049 to former Massachusetts attorney general Thomas F. Reilly, who represented the business after leaving office, according to a list of creditors filed last week with the US Bankruptcy Court in Massachusetts.
Comments
Using poor illegal Brazillian workers to grow there business is the worst. I only hope for the worst. Chapter 11 is too easy from them.
This is, for me, a shining snapshot of the American economy when run by Republican businessmen, it's a textbook example. If Romney wins, the whole country will go Upper Crust, only a Republican-dominated government will make sure the federal labor relations folks don't get involved.
You are a fool. Do you even know the owner's political leanings? There are plenty of similar stories for both republican and democrat led companies.
I thinks it's hilarious when people take stories like this, then try to use them to make a political statement. Greed is a problem with Democrats, as well as Republicans.
Jordan Tobins is, quite simply, a snake. My fear is that he will slither out of this somehow.
I think I'll redeem my Groupon tonight.
I'm glad that the state food tax that all Upper Crust consumers are required to pay actually makes it to the state.
Psych. What a bunch of crooks.
They have about 16 locations? The fact that they are not sure could be a problem.
The most expensive pizza in the state, made by the poorest paid and abused workers. Did Bain consult for Upper Crust?
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First they don't want to pay their employees, now they don't want to pay their bills. Scumbags. Gourmet pizza? How exactly is copying Bertucci's pizza gourmet?
Sounds like Tobin got caught up in his own success. Between diverting money from the business and screwing his help to aid his high standard of living he got what he deserved. It's good to see karma do it's thing.