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ROK Drop

September 20th, 2007 at 9:55 pm

Dry Cleaners Sell Business

The Chung family has sold their second dry cleaning business in the aftermath of the $54 million dollar pants lawsuit:

The owners of the dry cleaning shop made famous after they were sued for millions because of a lost pair of pants said Wednesday they have sold a second of their three stores.

The Chung family said they sold the shop involved in the dispute because of revenue loss and the emotional toll from the lawsuit.

In June, the family successfully defended a suit filed by Roy Pearson, a family court judge who sued the cleaners for $54 million in damages for a pair of missing pants.

While the legal fees were covered by fund-raisers, the Chungs have lost business because of the lawsuit and because Pearson posted flyers critical of the cleaners around the neighborhood, according to the Chungs’ lawyer.

At one point, Soo and Jin Chung owned three stores as a part of their dry cleaning chain, but they said in a statement issued Wednesday they were forced to sell two of the stores because of financial losses stemming from the infamous lawsuit. The first store was sold last year.

"This is a truly tragic example of how devastating frivolous litigation can be to the American people and to small businesses," the family’s lawyer, Christopher Manning, said in the statement. "This family has poured its heart and soul into their dry cleaning stores only to have their dreams crushed by Roy Pearson’s lawsuit."

Pearson is appealing the decision.  [CNN Money]

Considering they lost business despite the publicity they received from the lawsuit makes me wonder if there is any racial undertones to the fact they lost business.  Maybe someone reading this familar with where the Chung’s business locations in the D.C. area can comment on that.  You can read more over at the Marmot’s Hole.

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  • The Marmot’s Hole » Hwang Woo Suk crosses into Dr. Moreau territory
    11:51 pm on September 20th, 2007 1

    Kramer auto Pingback[...] wealth redistribution networkSperwer on Hwang Woo Suk crosses into Dr. Moreau territoryDry Cleaners Sell Business at ROK Drop on Laundry Involved in Missing Pants Case Closes Shopslim on Hwang Woo Suk crosses into Dr. Moreau [...]

  • Peter Pan
    12:57 am on September 21st, 2007 2

    Can’t the family sue the guy for slander now? He went around handing out flyers and posting them up when in fact they had not lost his pants, he just refused to go pick them up. The court even determined that to be the case already, so it should be pretty open and shut to prove that this guy was committing slander. It should also be rather easy to prove their losses (they had to sell two businesses for christ’s sake).. I really hope they are at least suing this guy for lawyers fees.

  • theequalizer
    3:41 am on September 21st, 2007 3

    If Pearson ever sued my local Korean massage parlor……

  • !!!!KoreaSon!!!
    1:52 am on December 30th, 2007 4

    This story made the Msnbc.com’s Most Peculiar stories of 2007 list at #4.

  • !!!!KoreaSon!!!
    1:52 am on December 30th, 2007 5

    A link to the above comment…

    http://www.msnbc.msn.com/id/22218865/

  • Layla
    6:35 am on May 2nd, 2008 6

    That’s an unusual story. I can’t believe it MSNBC’s list.

 

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