Pihakis restaurants sued for blocking lender payments, hiding assets

Pihakis restaurants sued for blocking lender payments, hiding assets

A network of Pihakis restaurant entities and their owners are facing a lawsuit accusing them of selling their future sales to a lender for cash upfront, then intentionally blocking the company from collecting the money.

New lawsuit brings alleged Pihakis debts to more than $14 million

A new lawsuit filed in Shelby County claims the Pihakis Restaurant Group owes $718,000, adding to over $14 million in legal claims against the group since April.

Florida financial firm sues Pihakis, business partners for more than $700,000 in unpaid loans

A Florida-based financial firm has filed suit against the restaurants owned by Nick Pihakis, as well as business partners at three formerly owned by the Pihakis Restaurant Group, for more than $700,000. Fox Funding Group, of Hollywood, Fla., filed the…