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“Our clients deny the allegations,” bankruptcy attorney Lawrence F. Morrison stated in an email, “and look forward to their day in court.”
The “immediate need for relief from this court,” CEO Jennifer Baukol stated in a declaration, “stems from a threatened class action lawsuit under the Fair Labor Standards Act that will severely affect the cash flow of the company and lead to its inability to address ongoing obligations.”
Three lawsuits filed this week in Westchester Supreme Court suggest that JPR has been short of cash for a while.
The restaurant needs immediate bankruptcy relief to protect it from eviction, Angela Terranova, president of Sofrito Inc., said in an affidavit.