possible closing...
Restaurant chain under protection
BY ALFIE LAU, ROYAL CITY RECORD AUGUST 18, 2010
Hon's Wun-Tun House is under creditor protection.
In papers filed on July 5, the restaurant, now with four locations -- Chinatown and Robson Street in Vancouver, Sunwood Square in Coquitlam and 408 Sixth St. in New Westminster -- owes more than $400,000 to its creditors.
Approximately half that amount is owed as wages to employees.
Owner Gala Ip told CBC News that while it's true the creditor protection papers were filed last month, upper management is trying to work out a solution for all its creditors.
Hon's closed its Richmond location in December 2009, but Ip said senior management is trying its best to keep all four current locations open. The company has until Sept. 26 to file its restructuring plan.
The restaurant chain started in 1972 with its flagship Chinatown location. The late Hon Kwong Ip opened his first restaurant there and was one of the first in the Lower Mainland to serve authentic Hong Kong-style won ton noodles.
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