A top chef has accused his longtime business partner of improperly funneling millions of dollars into side projects, including the revival of Williamsburg’s Kellogg’s Diner.Julian Medina says that Luis Skibar, who owns a fast-growing empire of Mexican-style eateries with Medina, has “unlawfully and systematically diverted, converted, concealed and misappropriated” funds for years, according to a lawsuit filed Monday in Manhattan state Supreme Court.Medina is seeking damages of at least $10 million in the suit, which concerns outposts such as the popular Toloache chain on the Upper West and Upper East sides, Old John’s Luncheonette near Lincoln Center and Coppellia on West 14th Street.But the suit, which focuses on the precise stakes Skibar holds in jointly-controlled locations, is not expected to affect the operation of the restaurants, which have contributed to a wave of places offering haute Mexican cuisine in the post-pandemic era.“This is a fight between partners over profits,” said Robert Calica, a co-managing partner of the Long Island-based firm Rosenberg, Calica, Birney, Liebman & Ross and Medina’s counsel in the lawsuit. “We are hopeful that common sense will prevail.”Calica added that the legal action was necessary because Skibar has stonewalled efforts to share accounting information.Skibar downplayed to Crain’s the lawsuit’s significance while suggesting it could soon be settled. “There was a misunderstanding,” he said. A formal legal response to the... Continue reading at 'Crains New York'
[ Crains New York | 2024-10-15 17:41:30 UTC ]
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It's a new--wait for it--chapter for bookseller Barnes & Noble, which will be acquired by U.K. investment firm Elliott Advisors in an all-cash deal worth $683 million. Barnes & Noble joins a portfolio that also includes U.K. bookseller Waterstones, which Elliott acquired in June 2018.... Continue reading at AdWeek
[ AdWeek | 2019-06-07 20:03:20 UTC ]
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The one-time bookselling giant is being acquired by a hedge fund for $476 million. The national chain that many blamed for the demise of independent bookstores has been ravaged by Am…; and other... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2019-06-07 15:58:20 UTC ]
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James Daunt will be chief of both chains after deal hailed as boost for real-world bookshopsThe hedge fund owner of the UK’s largest book chain, Waterstones, has bought Barnes & Noble, the biggest chain in the US, in a $683m (£537m) deal heralded as a boost in their battle to preserve... Continue reading at The Guardian
[ The Guardian | 2019-06-07 14:11:50 UTC ]
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Two industry veterans would like to see Bezos allocate some of her $35 billion in Amazon stock to expand the universe of readers with a national library endowment. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Penguin Random House has posted the winning bid to acquire the book publishing assets of F+W Media. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-06-07 04:00:00 UTC ]
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Hanover, PA — Akadémiai Kiadó is relaunching their AKJournals publishing program―60+ peer-reviewed STM titles―on Sheridan PubFactory’s online hosting platform. Balázs Réffy, CEO, Akadémiai Kiadó said: “As the most prestigious STM publishing organization in Central and Eastern Europe, we are... Continue reading at Publishing Executive
[ Publishing Executive | 2019-06-05 13:54:55 UTC ]
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The pages were flooded with angry comments from users wondering why the resort hasn’t responded to the woman’s claims. The social media accounts for an all-inclusive resort chain in the Dominican Republic have vanished after a woman’s Facebook post about an alleged attack in January at one of... Continue reading at Fast Company
[ Fast Company | 2019-05-31 08:15:10 UTC ]
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Google and Facebook command more than 60% of online adspend, Ofcom figures show. Continue reading at Media Week
[ Media Week | 2019-05-31 08:06:09 UTC ]
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Welcome to the latest edition of Ad Age Publisher’s Brief, our roundup of news from the world of content producers across digital and print. Got a tip? Send it our way. Joining us late? Here’s the previous edition. Today’s edition of Publisher’s Brief focuses on awesome content because, well,... Continue reading at Advertising Age
[ Advertising Age | 2019-05-30 19:11:41 UTC ]
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Bringing together families, college students, state organizations, books, and Head Start creates a grand party. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-28 11:37:51 UTC ]
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Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device; sign up here. What people are talking about today We're still pondering this mystery: What exactly prompted Kim Kardashian... Continue reading at Advertising Age
[ Advertising Age | 2019-05-22 10:00:00 UTC ]
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Avaaz uncovers 500 accounts using fake news to spread white supremacy messageA web of far-right Facebook accounts spreading fake news and hate speech to millions of people across Europe has been uncovered by the campaign group Avaaz.Facebook, which is struggling to clean up the platform and... Continue reading at The Guardian
[ The Guardian | 2019-05-22 04:00:20 UTC ]
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Looking to add books to its interactive selling platform, Talkshoplive, a streaming video shopping network offering social media–driven retail, is partnering with ReaderLink Distribution Services to offer book fulfillment to Talkshoplive clients. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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Federal lawmakers from Maryland and West Virginia have demanded a meeting with the owner of the Luke Mill, a Western Maryland paper factory shutting down this month. A Verso Corp. spokeswoman said CEO Les Lederer “expects to have a conversation” with the members of Congress and officials are... Continue reading at Baltimore Sun
[ Baltimore Sun | 2019-05-21 23:00:00 UTC ]
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The Amazon Literary Partnership announced Monday that it was giving more than $1 million in grants to 66 literary nonprofit groups across the country, including nine in California. Amazon has awarded the grants annually since 2009, with the money going to small publishers, writing centers,... Continue reading at Los Angeles Times
[ Los Angeles Times | 2019-05-21 17:40:00 UTC ]
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Stephen Clarke is stepping down as group chief executive at W H Smith with high street m.d. Carl Cowling to take on the role, as the group reports strong sales in its latest report. Continue reading at The Bookseller
[ The Bookseller | 2019-05-21 07:15:56 UTC ]
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ByteDance is looking to target territories where traditionally paid streaming music services haven’t caught on. Unless you’ve been living under a rock, or don’t have or know a teenager, you’re probably aware that the hottest social media app on the planet right now is TikTok. Well, now the app’s... Continue reading at Fast Company
[ Fast Company | 2019-05-21 06:07:11 UTC ]
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The new IPA-Dubai Cares partnership provides close to $1 million for efforts ‘to address pressing African publishing ecosystem challenges.' The post International Publishers Association Partners With UAE’s Dubai Cares on African Challenges appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2019-05-20 21:34:57 UTC ]
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Salon’s new owners say they see an easy path to profits for the troubled news publisher. On May 8, Salon Continue reading at Editor & Publisher
[ Editor & Publisher | 2019-05-20 19:00:45 UTC ]
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The Amazon Literary Partnership has awarded $1 million in support to 66 literary nonprofits, in addition to awarding grants of $120,000 each to the Academy of American Poets and to the Community of Literary Presses and Magazines. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-05-20 04:00:00 UTC ]
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