Brennan's on auction block?
Did you guys see the story on nola.com today about Brennan's being pulled off the auction block today? Didn't know they were on the cusp of being sold! Anyone have scoop?
I sw that teh writ was for over $4 million. Tulane sold them that building 30 years ago so that should have been LONG paid off. Have they been loading debt to finance that part of the family's expansions? Or borrowing to stay afloat? And if THEY have been doing it, who else is doing it?