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Sunday, June 12, 2011

Another One Bites The Dust?

Filed under: Business | Yum |

Anyone who’s ever watched M*A*S*H knows about Corporal Klinger’s love for Tony Packo’s, a Toledo institution since 1932, famous for its Hungarian cuisine…especially the hot dogs! And now, it’s under threat of closure due to a Family Feud over finances:

The first signs of rancor came back in 2002, when Nancy Packo Horvath, the daughter of the founder, accused her brother, Tony Packo Jr., of trying to force her out. In the end, the siblings came to an agreement to reorganize the company’s management structure.
But Packo Horvath died the following year, and her son Robin Horvath inherited her share of the business. Last year, he sued Tony Packo Jr. and his son, Tony Packo III, accusing them of preventing him from looking at the company’s financial records after he raised questions about spending. Horvath charges that Tony Packo III improperly used company money for personal expenses such as golf equipment, and construction at his mother’s home.
Tony Packo Jr. and his son have countered in legal filings that Horvath isn’t involved with running the business on a day-to-day basis and has little knowledge of its operations.

I’ve eaten there, with some Fraternity Brothers, including the National President! I can attest to the fact that their menu kicks a**! And it would be absolutely sad if this can’t be resolved in a more equitable manner.
My only hope is that this business doesn’t remain open due to the “genorosity” of the Taxpayers. As long as Президент Обама stays away….

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