Some new details have been publicized about the abrupt and controversial closing of RealEats in Geneva.
The exception was connected to RealEats’ failure to submit a WARN filing ahead of closure. However, that new reporting indicates that due to one of the company’s lenders abruptly stripping its bank account, it was unable to meet payroll obligations.
In other words, there wasn’t enough time for a 60- or 90-day notice.
RealEats founder and CEO Dan Wise told the Times he was apprecative of the state’s decision. “Our focus continues to be on helping former teammates find new employment and recruiting a new tenant to occupy the kitchen to recreate the jobs we lost,” Wise said.
However, it’s unclear how Wise would be involved in either of those efforts, given that Ontario County Economic Development and Workforce Development have been leading the effort.
It’s also unclear where the suits filed against RealEats sit in the context of this decision by the state to clear them.
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