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    HomeNewsThe Abbey Food and Bar Faces Lawsuit Over Alleged Breach of Contract

    The Abbey Food and Bar Faces Lawsuit Over Alleged Breach of Contract

    A legal development concerning the Abbey Food & Bar, located at 692 N Robertson Boulevard in West Hollywood, has revealed that 3 Corners Holdings LLC, a California-based limited liability company, has filed a lawsuit against Abbey Restaurants and Bars USA LLC, its Delaware counterpart Abbey Restaurants and Bars USA-LA LLC, Cocorio Inc., and ten unnamed defendants. The lawsuit, filed in the Superior Court of the State of California for the County of Los Angeles, alleges multiple causes of action, including breach of written contract, money had and received, accounting, and conversion.

    The plaintiff, 3 Corners Holdings LLC, asserts that it entered into a written profit interest agreement with the defendants on August 15, 2010. The agreement stipulated that Abbey Restaurants and Bars USA-LA LLC would pay 3 Corners Holdings LLC a 25% share of the “Operating Cash Flow” of The Abbey WeHo, formerly known as the best gay bar in the world. This arrangement was to continue until the defendants or their affiliates no longer owned a direct or indirect interest in The Abbey.

    However, 3 Corners Holdings LLC alleges that despite their adherence to the agreement’s terms, the defendants have “failed and refused, and continue to fail and refuse,” to pay the owed profits interest, resulting in damages of no less than $1,600,000. Furthermore, the complaint accuses the defendants of failing to provide necessary documents requested under the agreement’s audit rights, thereby breaching the contract and depriving the plaintiff of its entitled profits.

    The legal battle sheds light on the complex financial and operational dynamics between The Abbey, a cornerstone of West Hollywood’s vibrant nightlife, and its stakeholders. The lawsuit also underscores the complexities of managing partnership agreements and profit-sharing models in the hospitality industry.

    Additionally, The Chapel at The Abbey WeHo was sold to Tristan Schukraft, a notable figure in the LGBTQ+ community and an entrepreneur with various business interests. This sale marks a significant change in ownership for these iconic West Hollywood venues.

    Furthermore, allegations of druggings and sexual assaults at The Abbey have resurfaced, highlighting concerns about patron safety at the venue. These legal and public issues present a complex picture of the current state of affairs surrounding The Abbey Food & Bar.

    As the case progresses, it will undoubtedly be closely watched by legal and business professionals for its potential to set precedents in contract law and partnership agreements within the hospitality industry. The defendants have yet to publicly respond to the allegations.

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    Paulo Murillo
    Paulo Murillohttps://wehotimes.com
    Paulo Murillo is Editor in Chief and Publisher of WEHO TIMES. He brings over 20 years of experience as a columnist, reporter, and photo journalist. Murillo began his professional writing career as the author of “Love Ya, Mean It,” an irreverent and sometimes controversial West Hollywood lifestyle column for FAB! newspaper. His work has appeared in numerous print and online publications, which include the “Hot Topic” column in Frontiers magazine, where he covered breaking news and local events in West Hollywood. He can be reached at [email protected]

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    Kevin
    Kevin
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    2 months ago

    Amazing how these groups come out at a sale of a successful business. They are trying to use the sale timeline to get monies they did not earn. If they were due this, why wait until now and to be honest, “operating cash flow” is NOT what you want to attach your piece of the pie too. As for safety, I have never felt unsafe at the Abbey and the recent accusations all seem sketchy and opportunistic.

    John Cleese
    John Cleese
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    Reply to  Kevin
    2 months ago

    this could get interesting. if this case isn’t settled quickly and we see Abbey current/former staff lawyer up… one person’s “mistake” is another’s “conversion” is another’s “fraud”

    Kiss it
    Kiss it
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    2 months ago

    Hi, the transaction at The abbey has not closed escrow yet….periodt

    TomSmart
    TomSmart
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    Reply to  Kiss it
    2 months ago

    Period? PERIOD!!

    Michael Hulse
    Michael Hulse
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    Reply to  TomSmart
    2 months ago

    Karma bites hard !

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