Business and Finance
Business and Finance
Tue, December 10, 2024
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Sales of Barbara Lynch's last two restaurants are 'in limbo' amid tax lawsuit
Published on 2024-12-10 06:21:05 - The Boston Globe
- The chef's group racked up $1.4 million in unpaid taxes, jeopardizing deals to save Beacon Hill fine dining institution No. 9 Park and South End seafood joint B&G Oysters.
The article from The Boston Globe discusses the financial and legal troubles faced by renowned chef Barbara Lynch. Her restaurant empire, which includes notable establishments like No. 9 Park and B&G Oysters, is under threat due to a significant tax lawsuit. The Massachusetts Department of Revenue has filed a lawsuit against Lynch for over $1.2 million in unpaid meals taxes, penalties, and interest from 2019 to 2023. This financial strain has led to the closure of several of her restaurants, with No. 9 Park and B&G Oysters being the latest to shut down. The article highlights the impact of these closures on Boston's dining scene, the challenges faced by the restaurant industry post-COVID, and the personal toll on Lynch, who has been a prominent figure in the culinary world. Additionally, it touches on the broader implications for local businesses and the potential for Lynch to restructure her operations to address the tax debt.
Read the Full The Boston Globe Article at:
[ https://www.bostonglobe.com/2024/12/10/business/barbara-lynch-tax-lawsuit-restaurants-closing-no-9-park-bg-oysters/ ]
Read the Full The Boston Globe Article at:
[ https://www.bostonglobe.com/2024/12/10/business/barbara-lynch-tax-lawsuit-restaurants-closing-no-9-park-bg-oysters/ ]
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