Tuesday, October 09, 2012

Upper Crust Pizzeria Files for Bankruptcy

Last week we reported that yet another location of Upper Crust Pizzeria had closed, and now, we have just received word that the troubled company has gone Chapter 11.

The Boston Globe is reporting that Upper Crust has filed for bankruptcy protection, with the plan being to undergo a reorganization of both company operations and the balance sheet. The local chain of pizza shops has been in the news for awhile, including labor issues that resulted in government action and a class-action lawsuit, alleged misuse of company funds by the chain's founder, and a construction company looking to seize Upper Crust bank accounts because of claims that money owed for renovations was never paid, according to the article. The pizza chain also owes meals taxes, unpaid wages and benefits to employees, and money to the Boston Globe as well as others.

At this point in time, it appears that existing Upper Crust restaurants will remain open, though if this changes, we will post an update here. Locations can be found in Boston, Brookline, Cambridge, Hingham, Lexington, Watertown, Wellesley, and West Roxbury. Their website is at: http://www.theuppercrustpizzeria.com/

Thanks to food writer MC Slim JB for bringing this to our attention.

Labels: , , , ,


Post a Comment

Links to this post:

Create a Link

<< Home