Bankruptcy auction breathes new life into Wellesley Upper Crust Pizzeria
The Wellesley Upper Crust Pizzera shop, shuttered in November without any notice to patrons, has a good chance of springing back to life now that the location has been snapped up at a bankruptcy auction held Wednesday in Boston.
According to a Boston Herald report, the Wellesley location was acquired for $110,000 by UC Acquisition, a private equity firm with ties to Upper Crust founder Jordan Tobins. All auction bids are still subject to bankruptcy court approval. It’s also unclear whether the Wellesley location would actually reopen under the Upper Crust name assuming it does get back in business.
Tobins has been the subject of a lawsuit brought against him by fellow owners of Upper Crust who have alleged financial improprieties. Upper Crust filed for bankruptcy protection in October following financial and labor troubles.