ARK RESTAURANTS CORP - 8-K Filing
Ark Restaurants Corp filed to disclose the outcome of a court ruling in its dispute with Bryant Park Corporation over restaurant leases. The court granted summary judgment for Ark on breach of contract claims related to the lease for the Bryant Park Grill and right-of-first-lease for the Bryant Park Café, awarding money damages to be determined at trial. However, it ruled against Ark on ejectment and use-and-occupancy claims regarding the café and Porch at Bryant Park licenses. The company plans to appeal adverse rulings, which will trigger an automatic stay of eviction pending the appeal. (Items: 8.01 Other Events)
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