User Tag List

+ Reply to Thread
Results 1 to 7 of 7

Thread: Mike Isabella’s company is going out of business seven months after sexual harassment

  1. #1
    Original Ranter
    Points: 863,827, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.9%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    497547
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    242,878
    Points
    863,827
    Level
    100
    Thanks Given
    153,702
    Thanked 148,557x in 94,977 Posts
    Mentioned
    2554 Post(s)
    Tagged
    0 Thread(s)

    Mike Isabella’s company is going out of business seven months after sexual harassment

    Mike Isabella’s company is going out of business seven months after sexual harassment

    That is a shame- Isabella's restaurants are extremely good. I use to live next to a building that had 3 Isabella resturants in it.

    Exactly one year and one day after former “Top Chef” star and restaurateur Mike Isabella opened a 41,000 square foot multi-restaurant concept in the Tysons Galleria, he announced he is shutting down his entire company — once, one of the biggest restaurant empires in D.C. After filing for Chapter 11 bankruptcy in September, Isabella’s company on Wednesday filed for Chapter 7 bankruptcy, with plans to cease operations and liquidate its assets to pay debts.

    Isabella’s previous bankruptcy filing had intended to help him restructure his company, he told The Post in a September interview. But it couldn’t stop the bleeding: Washingtonian reports that none of the eight remaining restaurants in his company, which once swelled to 12 restaurants not including his airport and ballpark locations, have the cash available to pay December rent to any landlord. The restaurants will continue to operate through Dec. 27, a request that Isabella made to take advantage of holiday crowds that would help him make payroll for his staff. Two restaurants, Kapnos Kouzina in Bethesda, Md., and Requin at the Wharf in the District, were not part of either bankruptcy filing, and it is unclear how they will be affected.
    He will likely pay his creditors off and there won't be much if anything left for the lawsuit.
    ΜOΛΩΝ ΛΑΒΕ


  2. #2
    Points: 445,632, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0%
    Achievements:
    SocialVeteran50000 Experience PointsOverdrive
    Common's Avatar Senior Member
    Karma
    339120
    Join Date
    Feb 2013
    Posts
    66,766
    Points
    445,632
    Level
    100
    Thanks Given
    8,788
    Thanked 18,323x in 10,925 Posts
    Mentioned
    396 Post(s)
    Tagged
    0 Thread(s)
    Sounds like he was in debt before the sexual harrassment case
    LETS GO BRANDON
    F Joe Biden

  3. #3
    Original Ranter
    Points: 863,827, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.9%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    497547
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    242,878
    Points
    863,827
    Level
    100
    Thanks Given
    153,702
    Thanked 148,557x in 94,977 Posts
    Mentioned
    2554 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Common View Post
    Sounds like he was in debt before the sexual harrassment case
    I am sure. Most people who deal in commercial real estate carry debt.
    ΜOΛΩΝ ΛΑΒΕ


  4. #4
    Points: 173,720, Level: 99
    Level completed: 2%, Points required for next Level: 3,930
    Overall activity: 31.0%
    Achievements:
    50000 Experience PointsSocialVeteran
    donttread's Avatar Senior Member
    Karma
    88683
    Join Date
    Nov 2013
    Posts
    52,095
    Points
    173,720
    Level
    99
    Thanks Given
    18,456
    Thanked 20,651x in 14,860 Posts
    Mentioned
    319 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Peter1469 View Post
    Mike Isabella’s company is going out of business seven months after sexual harassment

    That is a shame- Isabella's restaurants are extremely good. I use to live next to a building that had 3 Isabella resturants in it.



    He will likely pay his creditors off and there won't be much if anything left for the lawsuit.
    So what did he grab belonging to who? I guess the "me too" take away is if you are going to be sexually harassed make sure it's by somebody with money

  5. The Following User Says Thank You to donttread For This Useful Post:

    Peter1469 (12-14-2018)

  6. #5
    Points: 6,784, Level: 19
    Level completed: 62%, Points required for next Level: 266
    Overall activity: 0.1%
    Achievements:
    Veteran5000 Experience Points
    zachroidott's Avatar Banned
    Karma
    575
    Join Date
    Jul 2018
    Posts
    2,249
    Points
    6,784
    Level
    19
    Thanks Given
    108
    Thanked 566x in 460 Posts
    Mentioned
    15 Post(s)
    Tagged
    0 Thread(s)
    I'm going to guess he was teetering before the lawsuit.

  7. #6
    Points: 6,784, Level: 19
    Level completed: 62%, Points required for next Level: 266
    Overall activity: 0.1%
    Achievements:
    Veteran5000 Experience Points
    zachroidott's Avatar Banned
    Karma
    575
    Join Date
    Jul 2018
    Posts
    2,249
    Points
    6,784
    Level
    19
    Thanks Given
    108
    Thanked 566x in 460 Posts
    Mentioned
    15 Post(s)
    Tagged
    0 Thread(s)
    Insane $#@!ing business to get in.

  8. #7
    Original Ranter
    Points: 863,827, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 99.9%
    Achievements:
    SocialCreated Album picturesOverdrive50000 Experience PointsVeteran
    Awards:
    Posting Award
    Peter1469's Avatar Advisor
    Karma
    497547
    Join Date
    Jun 2011
    Location
    NOVA
    Posts
    242,878
    Points
    863,827
    Level
    100
    Thanks Given
    153,702
    Thanked 148,557x in 94,977 Posts
    Mentioned
    2554 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by zachroidott View Post
    Insane $#@!ing business to get in.
    Why?
    ΜOΛΩΝ ΛΑΒΕ


+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts