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Ruling doesn't resolve family restaurant squabble

3 years 6 months 3 weeks ago May 17, 2013 May 17, 2013 Friday, May 17 2013 May 17, 2013 2:00 PM in News
Source: Associated Press

NEW ORLEANS - A federal judge's ruling hasn't resolved a family's power struggle for control of Brennan's, one of New Orleans' best-known restaurants.

U.S. District Judge Susie Morgan ruled Friday 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 last month 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.

IMAGE: BrennansNewOrleans.com

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