Oregon reaches settlement with defunct Typhoon restaurants

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Friday, August 10, 2012

State labor regulators reached a $100,000 settlement with defunct restaurant chain Typhoon.

Oregon Labor Commissioner Brad Avakian signed the agreement in mid-June. His Bureau of Labor and Industries postponed formally announcing the deal while it received payment from Typhoon's insurer, First Mercury Insurance, and developed a process for handling claims, spokesman Bob Estabrook said.

The settlement amount is a far cry from the more than $2 million in damages that Avakian's bureau indicated it would seek in December when it formally charged the chain following its 8-month investigation.

Read more at OregonLive.com.

{biztweet}oregon typhoon{/biztweet}

 

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