When local restaurateur Albert Taxin and his longtime friend Richard Robinson decided to open a business together, they had a vision of a restaurant and club on the Delaware River.
But what Robinson got out of the deal was a lawsuit that dragged on for 10 years after shareholder Barry Sable claimed that mismanagement by Robinson and investor Marty Keenan led to insolvency and the improper issuance of shares of stock, which decreased stock value.
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