More bad news for the Atlanta strip club scene.
shadowcat
Atlanta suburb
Forced to cut hours and facing the possibility of competition, the owners of Pink Pony strip club filed for bankruptcy on Wednesday.
Chapter 11 is known as “reorganization” bankruptcy, allowing a business to restructure its debts while remaining in operation. Pink Pony’s filing is listed under parent company Trop Inc.
The company’s biggest debt is $1 million owed to a Louisiana bank. A list of the company’s 20 largest liabilities appears to include either current or former employees.
Pink Pony executives have said business has suffered ever since three Buford Highway nightclubs filed a lawsuit to challenge Brookhaven’s new liquor law. A federal judge ruled that the law was likely unconstitutional, mainly on the grounds that the city had allowed Pink Pony to operate under different rules than other nightclubs.
As a result, Brookhaven forced Pink Pony to reduce its hours to match the other clubs. The city also rolled back the disputed law and ended its ban on alcohol sales at strip clubs.
Chapter 11 is known as “reorganization” bankruptcy, allowing a business to restructure its debts while remaining in operation. Pink Pony’s filing is listed under parent company Trop Inc.
The company’s biggest debt is $1 million owed to a Louisiana bank. A list of the company’s 20 largest liabilities appears to include either current or former employees.
Pink Pony executives have said business has suffered ever since three Buford Highway nightclubs filed a lawsuit to challenge Brookhaven’s new liquor law. A federal judge ruled that the law was likely unconstitutional, mainly on the grounds that the city had allowed Pink Pony to operate under different rules than other nightclubs.
As a result, Brookhaven forced Pink Pony to reduce its hours to match the other clubs. The city also rolled back the disputed law and ended its ban on alcohol sales at strip clubs.
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20 comments
No - Brookhaven and it's crusaders suck. So do the ones running that county. The point - Options to take clothes off for easy $ and not have to sleep with the fat slob are slowly disappearing.
But hey, lets continue applauding scumbag shakedown artists like the ones behind that BS suit in Midtown.
Fuck ATL lol
"Just save your money and drive to Follies."
The reason? Zoning and land development. You'd have an easier time building homes, retail stores, day care places within 500 feet if not right next to a:
1) Landfill
2) Sewage treatment plant
3) San Jose Guy's house
3) Etc.
Than you would a strip club. You can't build shit within 500ft radius of a strip club with current zoning in most places. And that stops a developer from making money from cheap, nearby land. Something is in the way of him making money pure and simple. Love Canal or SC or Grandma's nursing home, it doesn't matter. He just wants it GONE. And will use City Hall to do his dirty work.
/rant
https://pagesix.com/2018/09/01/nyc-strip…