Employees of famous New Orleans restaurant find locked doors Friday; future uncertain

POSTED: Friday, June 28, 2013 - 1:00pm

UPDATED: Friday, June 28, 2013 - 4:14pm

A famous restaurant and staple of the New Orleans French Quarter was found to be closed Friday morning when employees showed up to a locked Brennan’s.

Brennan's restaurant in New Orleans is famous for inventing the Bananas Foster dessert, but the eatery is also known for a long-running ownership dispute.

The restaurant on Royal Street, which invented the Bananas Foster dessert, will be closed through at least the weekend as attorneys sort out an ongoing family dispute, Blake Brennan, the restaurant's corporate secretary, told WDSU.

Employees were greeted outside with paychecks, along with a questionable future.

U.S. District Judge Susie Morgan ruled in May that Owen "Pip" Brennan, a son of the restaurant's late founder, is a shareholder in Brennan's Inc., and retains his right to vote those shares even though he agreed to sell them in 2010 in a settlement with a competing faction of family members.

Pip's brother, Ted, and Ted's daughter, Bridget Brennan Tyrrell, sued him after he called a shareholder meeting to vote on removing them as directors of Brennan's.

Morgan, however, said the vote to replace them with Pip and his two sons was invalid because the April 26 meeting wasn't properly called or conducted.

For continued coverage of this story, visit www.wdsu.com.

 

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