News Summary August 16, 2017
Today's Main Story: Multiple Joe’s Crab Shacks Close Down Following Bankruptcy Court Auction
Today's lead item reports that multiple Joe’s Crab Shacks have closed following Landry’s Inc. winning the bankruptcy court auction for Ignite Restaurant Group. The deal hasn’t gone through yet, but a judge is expected to approve the $55 million sale during an August 17 court hearing.
In other news, “Codfather” Carlos Rafael has filed a motion to oppose the forfeiture of his vessels and permits. Rafael called upon the Eighth Amendment, which states that “excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments ...
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