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Recent Updates — ARKR

June 26, 2026View Source ↗

Ark Restaurants Corp. received a June 18, 2026, court decision regarding its legal dispute with Bryant Park Corporation over restaurant leases for Bryant Park Grill, Bryant Park Café, and The Porch at Bryant Park. The court granted summary judgment in favor of the Company regarding a breach of contract for the Bryant Park Grill, entitling it to future money damages. However, the court granted summary judgment to the Landlord regarding ejectment and use and occupancy for the Café and The Porch. The Company intends to appeal the adverse portions, which will trigger an automatic stay of eviction. The dispute continues to pose material uncertainty to the Company's operations and financial condition. Ark Restaurants Corp. is a hospitality company that operates restaurants.