As distressed restaurant chain Kona Grill gets closer to being purchased, the company has agreed to drop its lawsuit against its former CEO James Kuhn.
Kuhn, who was fired by the Kona board of directors in November 2018 after three months on the job, also agreed to drop his suit against the Asian-fusion concept, along with his claim that the company owes him $191,000.
Scottsdale-based Kona, which filed for Chapter 11 bankruptcy protection in April, is set to have its sale hearing Sept. 24 in front of U.S. Bankruptcy Judge Christopher Sontchi in Delaware.
Before the hearing, the company is trying to tie up lose ends, including the two suits involving Kuhn.
