Duck King rousted by landlord at eatery site
By Hu Min |
August 14, 2012, Tuesday
|
Print Edition
Print Edition
THE outlet of a popular Peking roast duck restaurant chain on Huaihai Road M. was forced to suspend business after its power and gas supply was cut off for falling into arrears on rent and refusing to move.
The restaurant of Yawang (Duck King), which occupied about 1,700 square meters of the Xinge Department Store, was supposed to move out of the building as early as 2008 when its lease expired, but it refused.
The Yimin Business Investment and Development Co Ltd, lessor of the building, then filed suit against the restaurant, and local courts ruled that the restaurant should move out in August 2011.
Yawang appealed and lost. It was also accused of falling into arrears of 4.65 million yuan (US$750,000) of rent from 2010 to June 2012.
The Shanghai Yusheng Trade Co Ltd signed a contract with Yimin, obtaining the right to lease the building late last year.
Yusheng resorted to another way of resolving the dispute after Yawang stayed put. It started renovating the building and inviting high-end businesses.
More than 100 people hired by Yusheng burst into the restaurant on Monday night last week and moved tables and chairs away, leaving the place a mess.
The power, water and gas was cut off.
Yawang has eight restaurants in the city, including the Huaihai Road M. one.
The restaurant of Yawang (Duck King), which occupied about 1,700 square meters of the Xinge Department Store, was supposed to move out of the building as early as 2008 when its lease expired, but it refused.
The Yimin Business Investment and Development Co Ltd, lessor of the building, then filed suit against the restaurant, and local courts ruled that the restaurant should move out in August 2011.
Yawang appealed and lost. It was also accused of falling into arrears of 4.65 million yuan (US$750,000) of rent from 2010 to June 2012.
The Shanghai Yusheng Trade Co Ltd signed a contract with Yimin, obtaining the right to lease the building late last year.
Yusheng resorted to another way of resolving the dispute after Yawang stayed put. It started renovating the building and inviting high-end businesses.
More than 100 people hired by Yusheng burst into the restaurant on Monday night last week and moved tables and chairs away, leaving the place a mess.
The power, water and gas was cut off.
Yawang has eight restaurants in the city, including the Huaihai Road M. one.
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