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Todd English to Refinance Empire

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Photo: toddenglish.org

Todd English is in the process of refinancing his empire, according to this post on Universal Hub. Adam Gaffin reports from today's Boston Licensing Board meeting that English has sought refinancing in part so he can settle claims with the landlord and state related to the shuttering of Kingfish Hall one year ago. English's attorney, Dennis Quilty, indicated English has been unable to sell the Kingfish liquor license because potential owners are worried the state or landlord could hinder the sale. Ron Chorney, CFO of Todd English Enterprises, Inc., says the company still owes the state nearly $200,000 in back taxes and is attempting to negotiate a settlement with the landlord for repairs and back rent. Unclear at this time is whether English's eponymous oyster farm will be used as collateral in his new financing deal.

-Drew Starr

· Todd English Getting Refinanced [UH]
· All Todd English Coverage on Eater [~EBOS~]

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