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Nick Pihakis, owner of the struggling Pihakis Restaurant Group, faces a $718K lawsuit from Fox Funding as multiple locations across Alabama, Georgia, and South Carolina shutter — some permanently — amid mounting financial collapse. Three key associates — investor Mike Mouron, chefs Rita Bernhardt and Joshua Gentry — have been dismissed from the case without prejudice, leaving Pihakis and his LLCs as the sole defendants. The legal battle stems from working capital deals where Fox Funding claimed unpaid percentages on sales. After a wave of closures began in April, Pihakis officially filed for bankruptcy on August 6, marking the dramatic end of his restaurant empire as the legal storm continues to rage.
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