Restaurant Chain Looks To Block Wage-and-Hour Suit

Law360, New York (April 23, 2008, 12:00 AM EDT) -- Bankrupt restaurant chain Buffets Holdings Inc. has filed an adversary case in an effort to put a halt to a wage-and-hour suit brought against the company’s executives after Buffets entered Chapter 11.

In a complaint filed Tuesday, Buffets asked the U.S. Bankruptcy Court for the District of Delaware for a declaration that the putative class action filed in California state court violates the automatic stay that protects the bankrupt company.

According to Buffets, the company’s corporate bylaws “provide that officers and directors are indemnified to the...
To view the full article, register now.