The landlords are suing Pump for $950,000 in damages after claiming they owe roughly $250,000 in unpaid rent and $200,000 for a liquor license and stolen fixtures.
The company called 8948 Santa Monica Partners claims that Pump – of which Todd is the guarantor – has “failed and refused and continues to fail and refuse to keep and perform” their lease conditions, according to documents obtained by Page Six.
The company has demanded $750,000 in damages for the alleged breach of contract and an additional $200,000 for allegedly not transferring over the liquor license – with an “estimated fair market value of $150,000” – and other fixtures. “We are aggressively pursuing damages and he will be held fully liable,” one of the owners tells Page Six in a statement.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
See Who is Taking Over Lisa Vanderpump's Pump Restaurant (Exclusive)See who is taking over Lisa Vanderpump's Pump restaurant after the reality star closed the doors last month.
Read more »
Low petrol pump prices 'over' as oil costs rise | AutocarThe time of low petrol pump prices has been declared 'over'. Data shows wholesale costs of oil and fuel is driving the price rise – with forecasters suggesting further increases could be 'on the cards'.
Read more »
Pinching pennies at the gas pumpAccording to AAA, the national average is up 25 cents from one month ago and may continue to climb.
Read more »
Hyundai and Kia recall 92,000 cars over oil pump fire risk - AutoblogHyundai and Kia are urging owners of nearly 100,000 2023-2024 models to park them outside until a potential oil pump fire risk can be fixed.
Read more »
Why are gas prices rising? Experts point to extreme heat and oil production cutsDrivers are in for another headache at the pump as U.S. gas prices continue to rise.
Read more »
Why are gas prices rising? Experts point to extreme heat and oil production cutsThe national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than that seen one month ago, according to motor club AAA.
Read more »