Pink Elephant Southampton Goes Bust
cityfile · 06/18/09 08:18AMLooks like the party may be ending soon at Southampton's Pink Elephant. David Sarner's nightlife company filed for Chapter 11 bankruptcy protection yesterday, listing more than $2 million in debts, including $776,000 in back taxes. The crisis in clubland continues, clearly. You can peruse the bankruptcy papers—and long list of creditors—for yourself after the jump.