Tavern on the Green Sees the City in Court
Categories: Featured, Restaurant News and Notes
A lawsuit between Tavern on the Green and the city has been brewing, and as of yesterday, it was served up steaming hot in U.S. bankruptcy court. As was previously reported, the city's suing the troubled restaurant's operators, the LeRoy family, to regain ownership of Tavern's name, which is valued at $19 million. The city maintains that the LeRoys obtained the name fraudulently and without its knowledge or permission, in 1981. It also argues that because the name had been used since the restaurant opened in 1934, the LeRoys's ownership is further compromised. Or, put another way: City to Tavern: Drop the Name. Tavern to City: Drop Dead.
[Crain's]
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