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(Nola.com)   Legendary New Orleans restaurant Brennan's, home of Bananas Foster, closes unexpectedly and has apparently stiffed employees of their final paycheck. Bankruptcy... Hasta   (nola.com) divider line 58
    More: Strange, Bananas Foster, Entergy, French Quarter, New Orleans  
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2995 clicks; posted to Business » on 07 Jul 2013 at 1:39 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-07-06 11:46:16 PM  
Ahhhh... the beauty of family infighting. As usual, the workers face the brunt of it.
 
2013-07-06 11:49:03 PM  
Wow. This is a bit of a surprise.
 
2013-07-06 11:53:42 PM  
I thought Bananas Foster originated at Commanders Palace.......
 
2013-07-07 12:25:42 AM  
Thanks, Obama.
 
2013-07-07 01:14:38 AM  
There's so many better "hidden gem" restaurants in the quarter, I wasn't that surprised.
 
2013-07-07 01:45:05 AM  

ambassador_ahab: There's so many better "hidden gem" restaurants in the quarter, I wasn't that surprised.


I still think oysters at the Pearl and Acme are better. Read an article recently in some inflight magazine about the situation of the family. Seems like kin warfare. Whole lotta money involved.
 
2013-07-07 02:05:32 AM  

NewportBarGuy: Ahhhh... the beauty of family infighting. As usual, the workers face the brunt of it.


No kidding. Two places I had worked at did this same thing. Called the staff together, told us the place was closing and let us know that they "couldn't" afford to make the final payroll.

My now-wife worked at a restaurant inside a grocery-type store. She was buying a house when rumors started floating around that the parent company was going to shut down the restaurants inside all of the stores that had them. Before signing the final paperwork on the house she contacted her supervisor to find out if their was any truth to the rumors and told her she needed to know before she bought the house. Supervisor assured her that there was no truth to the rumors. Five days later she closes on the house, the very next day she gets a call from the supervisor instructing her to call her staff and let them know they were now out of work and that she would be kept on for another week to help with shutting things down after which she would be unemployed.
 
2013-07-07 02:07:35 AM  
Maybe this is The Berghoff Maneuver.

1 "Close" an iconic restaurant which draws tourists from around the world
2) Open again with lower-paid employees.
3) Profit

The Berghoff
 
2013-07-07 02:09:25 AM  

ambassador_ahab: There's so many better "hidden gem" restaurants in the quarter, I wasn't that surprised.


Yep, it's not like closing any single restaurant ruins New Orleans appeal.
 
2013-07-07 02:14:44 AM  
There's always money in the banana stand
 
2013-07-07 02:14:52 AM  
A restaurant went out of business? Stop the farking presses
 
2013-07-07 02:16:25 AM  
Not surprised.  I've worked for the Brennans and they are notoriously ... bristly.  That family's schisms have schisms.
 
2013-07-07 05:07:21 AM  
When a business is about to close, they follow three easy steps:

1) Lie to the employees.

2) Lie to the employees.

3) Profit!

Been at a few places where my last day was EVERYBODY'S last day, and that's the way it's done.
 
2013-07-07 06:30:09 AM  
I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.
 
2013-07-07 06:55:11 AM  

Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.


If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.
 
2013-07-07 07:09:19 AM  

thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.


Makes you wonder, do bankruptcy attorneys get paid "cash in advance"?
 
2013-07-07 07:10:22 AM  

thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.


Companies lie about finances constantly. Until a court tells you they have no money or assets, assume that they do.
 
2013-07-07 07:19:44 AM  
Wow.  How pissed do you have to be at your cousin to buy the entire building his restaurant is in and then summarily evict him?
 
2013-07-07 07:23:45 AM  
Bananas foster sucks anyway.
 
2013-07-07 07:32:13 AM  

EnviroDude: thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.

Makes you wonder, do bankruptcy attorneys get paid "cash in advance"?


The two people that I know who had to declare bankruptcy had to do exactly that.  Attorney's fees, court costs, filing fees, document fees, all up front in cash.  It's not cheap either.
 
2013-07-07 09:26:08 AM  
That restaurant was living on it's name and nothing else for years. Locals had given up on it years ago. I guess Ralph couldn't salvage it.
 
2013-07-07 09:50:57 AM  
Ate there because everyone said we should try it while we were in New Orleans. Food was meh and my buddy ended up getting his credit card number stolen (least that is the guess since Brennans was the only place he used his CC the entire time we were there).
 
2013-07-07 09:51:06 AM  
I grew up in New Orleans and still have an apartment I the Quarter that I visit often. I've never eaten at Brennan's in the Quarter. It's a tourist place where folks overpay for lifeless food. The Brennan family has better restaurants, as does everyone else.
 
2013-07-07 10:08:48 AM  

jaytkay: Maybe this is The Berghoff Maneuver.

1 "Close" an iconic restaurant which draws tourists from around the world
2) Open again with lower-paid employees.
3) Profit

The Berghoff


What do you know about the before-and-after pay of employees?
 
2013-07-07 10:19:14 AM  
Coon said she is owed roughly $400, which she added, might not sound like much, but would cover her Entergy and Sewerage and Water Board bills.

Who runs the utility board down there, George W Bush?
 
2013-07-07 10:22:43 AM  

js34603: Bananas foster


Not on top of brioche waffles with a side of bacon it doesn't.
 
2013-07-07 10:25:17 AM  

AngryDragon: EnviroDude: thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.

Makes you wonder, do bankruptcy attorneys get paid "cash in advance"?

The two people that I know who had to declare bankruptcy had to do exactly that.  Attorney's fees, court costs, filing fees, document fees, all up front in cash.  It's not cheap either.


Its ridiculously easy to do and yes, cash up front to the attorneys and they work their magic. But as others have pointed out unless the company has real assets (owns property, building, etc) they are likely not going to hemorrhage a single penny.
 
2013-07-07 10:47:06 AM  

Elzar: AngryDragon: EnviroDude: thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.

Makes you wonder, do bankruptcy attorneys get paid "cash in advance"?

The two people that I know who had to declare bankruptcy had to do exactly that.  Attorney's fees, court costs, filing fees, document fees, all up front in cash.  It's not cheap either.

Its ridiculously easy to do and yes, cash up front to the attorneys and they work their magic.


True, the first one cost me some $1300 (Houston, 1992).  The second, I did myself for about $400 (Southern District of Indiana, 2005 or so).  Filling out the forms is a gigantic PITA, but there's no real magic to it.
 
2013-07-07 11:11:21 AM  
and as usual, the Owners laugh all the way to their overseas bank(s) and vacation spots for a little R&R.
 
2013-07-07 11:13:57 AM  

Mad Canadian: When a business is about to close, they follow three easy steps:

1) Lie to the employees.

2) Lie to the employees.

3) Profit!

Been at a few places where my last day was EVERYBODY'S last day, and that's the way it's done.


I have a friend who went on vacation and came home to find the restaurant he worked at had been closed while he was away.
 
2013-07-07 11:48:04 AM  

ambassador_ahab: There's so many better "hidden gem" restaurants in the quarter, I wasn't that surprised.


True, I've been to N.O. countless times and never went to Brennen's.
 
2013-07-07 12:00:41 PM  
shoulda grabbed whatever wasn't tied down on the way out
 
2013-07-07 12:21:24 PM  

Dead for Tax Reasons: shoulda grabbed whatever wasn't tied down on the way out


Load up the aeron and roll it on home.
 
2013-07-07 12:33:09 PM  

"Brennan's restaurant, which was long renowned for its opulent breakfasts, has recently become better known for financial troubles and family infighting. The building that houses Brennan's at 417-425 Royal St. was sold at auction in May."


Feel bad for the employees who stuck around instead of reading the writing on the wall.

 
2013-07-07 12:35:29 PM  

dionysusaur: Elzar: AngryDragon: EnviroDude: thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.

Makes you wonder, do bankruptcy attorneys get paid "cash in advance"?

The two people that I know who had to declare bankruptcy had to do exactly that.  Attorney's fees, court costs, filing fees, document fees, all up front in cash.  It's not cheap either.

Its ridiculously easy to do and yes, cash up front to the attorneys and they work their magic.

True, the first one cost me some $1300 (Houston, 1992).  The second, I did myself for about $400 (Southern District of Indiana, 2005 or so).  Filling out the forms is a gigantic PITA, but there's no real magic to it.


I'm curious how you managed negotiations (if necessary) with creditors.  A relative of mine went through bankruptcy recently and the creditors would only speak to "his attorney."  It was one of the stranger things I've ever seen.  He was trying to pay the people who hadn't screwed him, but they weren't "legally allowed to take his payments" and they ended up getting next to nothing.
 
2013-07-07 12:54:27 PM  
Payroll is basically the first in line in the bankruptcy pecking order.  But if there is truly nothing there then they are screwed.

Bankruptcy law is really screwy.  If someone files backruptcy and made you a payment within 30 days of it, you can have to refund that to the court and file a claim for it.  Also if someone orders a bunch of stuff right before filing, that goes into the assets of the filing as well.  My mom used to work at an office furniture store and would run a D&B report on businesses before fulfilling big orders.  She told a fair amount of people that the company they worked for was about to file bankruptcy.  Often they would tell her she was crazy then call her a few hours later and tell her she was right and they had no idea.
 
2013-07-07 01:01:27 PM  

FitzShivering: dionysusaur: Elzar: AngryDragon: EnviroDude: thornhill: Lost Thought 00: I'd suggest that the employees test that assertion of insufficient funds with a lawsuit.

If the company has no money it has no money (I assume the owners were smart enough to establish some kind of corporate entity to give themselves liability protection). They could also file for bankruptcy.

Makes you wonder, do bankruptcy attorneys get paid "cash in advance"?

The two people that I know who had to declare bankruptcy had to do exactly that.  Attorney's fees, court costs, filing fees, document fees, all up front in cash.  It's not cheap either.

Its ridiculously easy to do and yes, cash up front to the attorneys and they work their magic.

True, the first one cost me some $1300 (Houston, 1992).  The second, I did myself for about $400 (Southern District of Indiana, 2005 or so).  Filling out the forms is a gigantic PITA, but there's no real magic to it.

I'm curious how you managed negotiations (if necessary) with creditors.  A relative of mine went through bankruptcy recently and the creditors would only speak to "his attorney."  It was one of the stranger things I've ever seen.  He was trying to pay the people who hadn't screwed him, but they weren't "legally allowed to take his payments" and they ended up getting next to nothing.


I had gone from $115k to 50 weeks unemployed, to $14/hour, with very limited prospects --> Ch7.
 
2013-07-07 01:02:31 PM  
I would never knowingly work for a "family-owned" business; too many pitfalls.
 
2013-07-07 01:17:49 PM  
LOL NOLA!
 
2013-07-07 02:27:16 PM  
I've made Banana's Foster a few times in the last 6 months. It's fun to have people think it's something I "invented".
 
2013-07-07 02:49:14 PM  
Is the one in Houston staying open? I had thought that was a different branch of the family.
 
2013-07-07 02:57:44 PM  

YixilTesiphon: Is the one in Houston staying open? I had thought that was a different branch of the family.


The website's still up (http://www.brennanshouston.com/ )  Give 'em a holler.

/ Order Teh Spoonz for dessert.
 
2013-07-07 03:15:34 PM  

YixilTesiphon: Is the one in Houston staying open? I had thought that was a different branch of the family.


That's the Davidian Branch of the family.
 
2013-07-07 03:39:16 PM  

Nabb1: That restaurant was living on its name and nothing else for years. Locals had given up on it years ago. I guess Ralph couldn't salvage it.


*sigh*

/possessive versus contraction, please look it up.
 
2013-07-07 04:37:51 PM  

jaytkay: Maybe this is The Berghoff Maneuver.

1 "Close" an iconic restaurant which draws tourists from around the world
2) Open again with lower-paid employees.
3) Profit

The Berghoff


That was family fiasco.  The Berghoff family wanted to set up the daughter in the catering business.  They had a good, quality restaurant in River North and dumped it.

///CSB:  The head chef was my relative.
 
2013-07-07 04:41:25 PM  

BarkingUnicorn: jaytkay: Maybe this is The Berghoff Maneuver.

...

The Berghoff

What do you know about the before-and-after pay of employees?


Well, at the original Berghoff, the waiters were independent contractors who owned their tables.  They had to pay for the food they served and collect from the diners.
 
2013-07-07 04:49:30 PM  

Peki: Nabb1: That restaurant was living on its name and nothing else for years. Locals had given up on it years ago. I guess Ralph couldn't salvage it.

*sigh*

/possessive versus contraction, please look it up.


You're life must be so hard.
 
2013-07-07 05:09:47 PM  

change1211: Peki: Nabb1: That restaurant was living on its name and nothing else for years. Locals had given up on it years ago. I guess Ralph couldn't salvage it.

*sigh*

/possessive versus contraction, please look it up.

You're life must be so hard.


Now youve gone and made me titt'er!
 
2013-07-07 06:41:21 PM  
I'm glad there are people willing to work in the food industry. I wouldn't.

At the bottom end you have people working for next to nothing, in the mid range you have cooks working at a frantic pace wishing they hadn't spent $20k for a culinary arts education, and in management you fret that someone you don't pay much is going to steal from you or violate a health code.

It's bad enough when I deal with the public as part of the public. If I had to be nice and deal with the public I'd lose my farking mind. I spent a summer cleaning bathrooms at Six Flags and at least the raging assholes were already out of the place before I had to clean up after them.
 
2013-07-07 07:25:06 PM  
Guess all those hurricane glasses I've been seeing at the Goodwill are now collector's items.
 
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