A lawyer representing former Upper Crust workers this week filed an objection in US Bankruptcy Court to the sale of any of the pizza chain’s stores to entities affiliated with founder Jordan Tobins.
Upper Crust sought bankruptcy protection in October, with $3.4 million in debts and owing $850,000 in back wages and damages to employees following a Labor Department investigation.
Comments
A bankruptcy court's job is to serve the best interests of the creditors of the bankrupt entity. These are the people who were harmed by the debtor's insolvency (this includes the employees who got screwed, btw.) If this firm with the tenous relationship with one of the founders is offering the most cash, then that's who gets the assets in play. If Liss-Riordan's group thinks that's unfair, let them offer more money.
Why does the Globe keep using this photo of Tobin?? It was taken during its adulatory period of Tobin when he could do no wrong and it's embarassing.
This guy is a real piece of work.