Misplaced Pages

Benihana

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Benihana ( Japanese : 紅花 , " Safflower ") is a chain of Japanese restaurants. Originally founded by Yunosuke Aoki as a cafe in Tokyo in 1945, Benihana spread to the United States in 1964 when his son Hiroaki "Rocky" Aoki opened its first restaurant in New York City .

#814185

61-691: Benihana Inc. , based in Aventura, Florida , owns 68 Japanese teppanyaki restaurants, including its flagship Benihana Teppanyaki brand, and 12 more franchises in the United States, Caribbean and Central and South America. Additionally, it owns one Samurai restaurant and 19 RA Sushi restaurants in the United States. Benihana was acquired by One Group, parent company of the STK and Kona Grill chains, in February 2024 for $ 365 million. Benihana introduced

122-518: A sea breeze that develops off the Atlantic Ocean, which then allow lower temperatures, although conditions still remain very muggy. During winter, humidity is significantly lower, allowing for cooler weather to develop. Average minimum temperatures during that time are around 59 °F (15 °C), rarely dipping below 40 °F (4 °C), and the equivalent maxima usually around 75 °F (24 °C). Hurricane season begins June 1 and

183-529: A general lack of connectivity for pedestrians, cyclists and similar modes has contributed to heavy traffic congestion on and near Biscayne Boulevard (US 1), despite this highway having up to ten travel lanes at points. Moreover, costly road improvements have not effectively mitigated traffic increases. A grade separation at the intersection of Ives Dairy Road and Biscayne Boulevard was constructed to facilitate westbound travel leading to Interstate 95 and free flowing eastbound right turns, but traffic signal phasing of

244-701: A jury arise, the Court of Chancery may order such facts to trial by issues at the Bar of the Superior Court of Delaware . (10 Del. C., 369). Article IV, Section 10 of the Delaware Constitution establishes the Court and provides that it "shall have all the jurisdiction and powers vested by the laws of this State in the Court of Chancery." Title 10, Section 341 of the Delaware Code states that

305-433: A marked drier season in the winter. The city sees most of its rain in the summer (wet season) and is mainly dry in winter (dry season). The wet season, which is hot and humid, lasts from May to September, when it gives way to the dry season, which features mild temperatures with some invasions of colder air, which is when the little winter rainfall occurs-with the passing of a front. The hurricane season largely coincides with

366-416: A practical matter, this means that the Court cannot grant relief in the form of money damages to compensate a party for a loss or where another court has coterminous jurisdiction. However, under the rules of equity, the court can grant monetary relief in the form of restitution by ruling that another party has unjustly gained money that belongs to the plaintiff. Apart from its general equitable jurisdiction,

427-494: A temporary restraining order, sometimes on an ex parte basis, to prevent the transaction from taking place and preserve the status quo . If the Court grants that relief, the plaintiff will then seek a preliminary injunction to maintain the current state of affairs until a trial can take place. Title 10, Section 342 of the Delaware Code provides that the Court shall not hear any matters for which an adequate remedy exists at law or which can be heard by any other Delaware court. As

488-646: A trust managed by his children and personal lawyer. The company has since expanded by purchasing the Haru and RA Sushi restaurants, which operate under the same names. Haru is based in New York City; RA has locations across the country, and is based in Scottsdale, Arizona, with its original four locations scattered around the greater Phoenix area. Although Benihana owns these concepts, they are independently operated and were developed autonomously. It also acquired

549-582: Is a three-mile walking/jogging paved promenade which overlooks a multi million-dollar horticultural exhibit, lakes, opulent residential high rises, yachts and the Atlantic Ocean. Aventura is served by the Miami-Dade County Public Schools (MDCPS) system. Aventura Waterways K–8 Center serves as the public K–8 school of MDCPS which serves Aventura. The school is outside of the city limits but all children that live in Aventura are in

610-481: Is bordered to the east by Golden Beach and Sunny Isles Beach , to the south by North Miami Beach , and to the west by unincorporated Ojus . It is bordered to the north by Hallandale Beach in Broward County . U.S. Route 1 (Biscayne Boulevard) runs along the western edge of the city, leading south 15 miles (24 km) to Downtown Miami and north 12 miles (19 km) to Fort Lauderdale . According to

671-405: Is frequently exercised in the context of disputes involving mergers and acquisitions or sales of corporations, wherein a corporate suitor or a shareholder will attempt to enjoin—that is, prevent—the sale or merger of a corporation, claiming that their stock value has been diluted or that they have superior rights to purchase the corporation. In a typical sale or merger dispute, a plaintiff will seek

SECTION 10

#1732798645815

732-428: Is officially over November 30. Aventura was severely hit by Hurricane Wilma on October 24, 2005, and was still undergoing recovery as of November 2011. The library was destroyed and has been rebuilt. Terraces flew off of high-rises and condos on high floors were flooded with many of their walls exploding into next-door apartments and adjacent hallways. Countless high-rise windows exploded and electricity stopped. As of

793-659: Is part of the Miami Community Newspapers, The Voice of the Community. Aventura is served by the Miami–Ft. Lauderdale market for local radio and television. The city has a magazine named Aventura Magazine and is served by The Miami Herald and El Nuevo Herald . In 2022, Aventura became the first city in Florida to offer the opportunity for the public to text its city government. The city monitors

854-538: The 2020 United States census , there were 40,242 people, 17,770 households, and 9,341 families residing in the city. As of the 2010 United States census , there were 35,762 people, 16,795 households, and 8,980 families residing in the city. As of 2000, 11.3% had children under the age of 18 living with them, 39.6% were married couples living together, 6.2% had a female householder with no husband present, and 52.2% were non-families. 45.3% of all households were made up of individuals, and 23.2% had someone living alone who

915-811: The Aventura Mall , provides service along the route. Tri-Rail commuter rail service has also been proposed to run on the FEC line. Another proposal would extend the Miami Metrorail along the US 1 corridor from Downtown Miami to the Broward County line, which would pass through Aventura and Hallandale Beach . The most famous shopping attraction is Aventura Mall , a 2,400,000 sq ft (222,967 m ) indoor shopping center. The outdoor malls are "Aventura Town Center", "Aventura Shopping Center", "Aventura Commons", "The Promenade Shops", and "The Shoppes at

976-636: The Court of King's Bench (or Queen's Bench when the monarch was female), the Court of Common Pleas , and the Court of the Exchequer . The sole English court of equity was the Court of Chancery . Along with the remainder of the original Thirteen Colonies , Delaware imported the English concept of common law . This included establishing a separate Court of Chancery. As the legal system evolved in England,

1037-637: The High Court of Chancery of Great Britain as it existed prior to the separation of the American colonies. The General Assembly may confer upon the Court of Chancery additional statutory jurisdiction. In today's practice, the litigation in the Court of Chancery consists largely of corporate matters, trusts, estates, and other fiduciary matters, disputes involving the purchase and sale of land, questions of title to real estate, and commercial and contractual matters in general. When issues of fact to be tried by

1098-627: The United States Census Bureau , the city has an area of 3.5 square miles (9.1 km ). Of that, 2.6 sq mi (6.7 km ) are land and 0.9 sq mi (2.3 km ) (24.73%) are water. The Atlantic Intracoastal Waterway and Dumfoundling Bay form the eastern border of the city, while the southern border is within Maule Lake. Aventura has a tropical monsoon climate ( Köppen climate classification Am ) with hot and humid summers and short, warm winters, with

1159-462: The governor and confirmed by the state senate for 12-year terms. The Court is subject to the "major-party" rule in the Delaware constitution. Also known as the political balance requirement, this requires that the bare majority of the court "shall be of one major political party", and the other judges "shall be of the other major political party". As a result, any person not affiliated with either

1220-586: The governor for a 12-year term. They are required to be equally divided between the major political parties, so that among all the chancellors no party has a majority of more than one person. The Court also employs three full-time Magistrates in Chancery (formerly known as Masters in Chancery), appointed by the Chancellor under Court of Chancery Rule 144. The Magistrates adjudicate cases assigned to them by

1281-567: The Charter School initially accepted ninth grade students in its first year and added grades 10 through 12 in subsequent years. The Northeast Branch of the Miami-Dade Public Library System serves Aventura as a means of accessing information for all education alike. Regional universities and higher education institutions include: Aventura News is Aventura's own newspaper, which is published weekly and

SECTION 20

#1732798645815

1342-484: The Court "shall have jurisdiction to hear and determine all matters and causes in equity." Subsequent decisions have held that the Court's equitable jurisdiction is the same as that held by the English High Court of Chancery at the time of American independence in 1776. The Court's most significant power is its ability to issue preliminary and permanent injunctions and temporary restraining orders . This

1403-469: The Court has jurisdiction over a number of other matters. First, the Court has sole power to appoint guardians of the property and person for mentally or physically disabled Delaware residents. Similarly, the Court may also appoint guardians for minors, although the Family Court has coterminous jurisdiction over such matters. Will contests and disputes over interpretations of trusts are also heard by

1464-506: The Court. In 1952, the Court of Chancery held in Gebhart v. Belton that the operation of segregated school systems in Delaware was unlawful, two full years before the U.S. Supreme Court would do so in Brown v. Board of Education . The Chancellor is responsible for appointing a judge on the court to preside over a case. The Court sits without a jury. All issues of fact are determined by

1525-551: The Delaware Court of Chancery repeat the "folklore of the Delaware bench and bar, saying that the impetus for creating a Court of Chancery was to provide a new judicial seat for Delaware's first Chancellor, William Killen." Killen was the elderly and highly respected incumbent Chief Justice of Delaware, and when George Read was considered to be the new Chief Justice of Delaware, he refused unless adequate provisions were made for Killen. A separate Court of Chancery under Killen

1586-656: The English Court of Chancery was eventually abolished by the Judicature Act 1873-75 and its powers merged into what was then called ' The Supreme Court of Judicature ' (comprising the High Court and the Court of Appeal ) which exercised jurisdiction in both common law and equity. This was prompted in part by similar reforms which had taken place elsewhere, notably the abolition of the New York Court of Chancery in 1847. Most American jurisdictions followed

1647-588: The Republican or Democratic Party is not able to serve on the court. The Court's jurisdiction is a hybrid of constitutional provisions, statutes, and case law. According to the Delaware Judicial Information Center: The Court of Chancery has jurisdiction to hear and determine all matters and causes in equity. The general equity jurisdiction of the Court is measured in terms of the general equity jurisdiction of

1708-510: The Samurai and Kyoto restaurants which it has incorporated into its other brands. In 2004, the company issued a class of preferred stock to BFC Financial corporation to renovate its restaurants and expand. The stock diluted Aoki's control of the chain and the family sued, citing that Benihana had no compelling need for the cash, other forms of capital were available, and that the terms of the preferred stock issued to BFC were onerous. A member of

1769-541: The US. Built in 1983, it is a joint venture of Turnberry Associates and Simon Property , and brings a major source of income to the city. In early 2001, former US President Bill Clinton delivered one of his first speeches after leaving the White House at Aventura-Turnberry Jewish Center. Aventura is located in northeastern Miami–Dade County at 25°57′52″N 80°08′09″W  /  25.964345°N 80.135818°W  / 25.964345; -80.135818 . It

1830-682: The United Kingdom, Slovakia, Romania, the Middle East, the Caribbean, Central and South America. Aventura, Florida Aventura is a planned suburban city in northeastern Miami-Dade County, Florida , United States, 15 miles (24 km) north of Miami and part of the Miami metropolitan area . The city is especially known for Aventura Mall , the third largest mall in the United States by total square feet of retail space and

1891-558: The United States, as two-thirds of Fortune 500 companies are incorporated in Delaware. It is among the preeminent business courts in the world. Many companies prefer to incorporate in Delaware because of the state's corporate-friendly tax system and the Court's historical expertise in business litigation. The Court's judges tend to be longtime members of the Delaware State Bar Association who have spent their careers doing corporate litigation. Because of

Benihana - Misplaced Pages Continue

1952-605: The Waterways". The city also has its own exclusive parks and recreation department which operate Founders Park, Founders Park Bayside, Waterways Park, Waterways Dog Park, Veterans Park, The Community Recreation Center, and the Aventura Arts and Cultural Center (AACC). At the geographical center of Aventura is the Turnberry Golf Course, encircled by Aventura's Country Club Drive. The Turnberry Golf Course

2013-554: The board of directors was also a director of BFC, a company that held controlling interests in BankAtlantic, Blue Green, and Levitt Homes. However, the Delaware Court of Chancery upheld the transaction. Aoki died in 2008 at the age of 69. In 2009, Richard C. Stockinger became chief executive to replace Joel A. Schwartz, and in 2010 became president as Juan C. Garcia resigned. Benihana agreed in 2012 to be purchased by

2074-551: The boundary for that school. Dr. Michael Krop High School in Ives Estates is currently the sole MDCPS high school serving North Miami-Dade County residents, including those of Aventura. Krop is considered to be a magnet school because it has a "Students Training in the Arts Repertory (STAR)" program, and has a total student body population of 2,833. There are also charter schools established with sponsorship from

2135-467: The celebrities who patronized the four-table restaurant. In 1968, it opened its first restaurant outside of New York City in Chicago . In 1983, Aoki spun off 11 Benihana U.S. restaurants into a separate company, Benihana Inc., and sold 49.1% to the public. He maintained full control over the 39 non-U.S. restaurants through his original company, Benihana of Tokyo. The company had some missteps including

2196-488: The city. The service runs from 7:00 AM to 11:00 PM everyday except Thanksgiving, Christmas, and New Years Day. The Aventura Express shuttle bus is a city-run public bus service, free to anyone in Aventura. The service runs three routes (North, Central, and South). Miami-Dade Transit 's Metrobus and Broward County Transit bus systems also run through the city. Metrobus provide connections to Metrorail and Metromover at Government Center via Biscayne Boulevard/US 1. Over

2257-469: The company filed an action against almost all of Benihana, Inc.'s directors, alleging breaches of fiduciary duties. On January 30, 2011, Benihana ( Kuwait ) filed a defamation lawsuit against a blogger for writing about his experience on his website. Las Palmas, the company that owns Benihana in Kuwait, took legal action against the reviewer for his "negative" attitudes towards the restaurant and for recording

2318-480: The early 1970s and became an incorporated city in 1995. The Aventura Police Department was formed in 1997. The city is home to the luxury resort Turnberry Isle , where the yacht Monkey Business was docked during the Gary Hart/Donna Rice incident , which contributed to Hart's ending his 1988 bid for the presidency. Aventura is also home to the Aventura Mall , the third-largest shopping mall in

2379-405: The extensive experience of the Delaware courts, Delaware has a more well-developed body of case law than other states, which serves to give corporations and their counsel greater guidance on matters of corporate governance and transaction liability issues. More than two thirds of Fortune 500 companies are incorporated in the state. Delaware is the home to more than 1.8 million corporations, more than

2440-553: The largest mall in Florida . The city name is from the Spanish word for "adventure", and was named "Aventura" after the developers of the original group of condominiums in the area, Eddie Lewis and Don Soffer , who had remarked "What an adventure this is going to be." As of the 2020 census , the city population was 40,242, up from 35,762 in 2010 . Initially referred to as "Turnberry", Aventura began to be developed during

2501-424: The last 30 years, travel infrastructure in Aventura has been heavily funded and influenced by developers of the many highrise condominium projects near the beach. Efforts to mitigate traffic impacts associated with increased travel demand to and from these projects led to the majority of principal road, bridge and structure designed primarily to accommodate automobile travel. This, coupled with single-use zoning and

Benihana - Misplaced Pages Continue

2562-488: The meals to be theatrically prepared by a knife-wielding, joke-telling chef at a teppanyaki table surrounded by a wooden eating surface in front of the guests (teppan meaning "steel grill" or "griddle" and yaki meaning "grilled" or "broiled"). It did not do well until early 1965, when Clementine Paddleford of the New York Herald Tribune gave it a rave review. The Beatles and Muhammad Ali were among

2623-455: The median income for a household in the city was $ 44,526, and the median income for a family was $ 59,507. Males had a median income of $ 50,791 versus $ 37,682 for females. The per capita income for the city was $ 41,092. About 5.6% of families and 9.1% of the population were below the poverty line, including 8.5% of those under age 18 and 8.5% of those age 65 or over. As of 2000, speakers of English as their first language accounted for 59.92% of

2684-636: The municipal government, Aventura City of Excellence School (ACES), a K–8 school . It was for years the only public school within the City of Aventura. It is operated by a private charter school company called Charter Schools USA . Built and opened in 2003, ACES was ranked in the top 10 of all schools in Florida in 2006. Construction on the Don Soffer Aventura High School , the other charter school, began in 2018. Opened in August 2019,

2745-565: The number of residents in the state. The Court of Chancery handle corporate internal affairs litigation (such as shareholder disputes and merger disputes) according the Delaware General Corporation Law , the statute governing corporations in Delaware. As a result, it is a hub for corporate litigation in the United States. The chief judge is called the Chancellor, and the other six judges are called Vice Chancellors. The chancellor and vice chancellors are nominated by

2806-508: The opening of the upscale Big Splash restaurant and a frozen food division, Benihana National Classics. Its stock dove and shareholders sued over management including the fact that Aoki still had his privately held restaurants of the same name. In 1995, the company acquired 17 restaurants from Benihana of Tokyo. Following a guilty plea for insider trading in 1999, which would have led to the revocation of Benihana's liquor licenses, Rocky Aoki ceded control of Benihana of Tokyo and Benihana Inc. to

2867-434: The population, while Spanish accounted for 22.63% of residents. Due to its large Jewish population, Hebrew and Yiddish speakers were respectively 3.66% and 2.78% of the population. Other languages spoken include Portuguese 2.65%, French 2.40%, Russian 1.75%, and German at 1.46% of city residents. Aventura's partnership with Freebee offers free, on-demand, electric ride-sharing for anyone who wants to get around

2928-663: The presiding Chancellor or Vice Chancellor. The Court has the discretion to appoint an advisory jury if it so desires, but this power is practically never exercised. The Court of Chancery's decision can be appealed to the Delaware Supreme Court , whose decision is final unless appealed to the Supreme Court of the United States . The history of the Court of Chancery stems back to the English common law system, in which separate courts were established to hear law and equity matters. English law courts included

2989-527: The private equity firm of Angelo Gordon & Company for $ 296 million. On February 5, 2014, the Board of Directors of Benihana Inc. named Steve Shlemon the company's new president and chief executive officer. In 2016, Benihana Inc. named Thomas J. Baldwin CEO and president. Baldwin had been director of Benihana and served as an advisor to the operator's principal investor, Angelo, Gordon & Co. In 2023, Benihana

3050-573: The reforms in New York and England. In its first Constitution, the Delaware Constitution of 1776 , there was no special provision for a court of equity. However, when the constitution was revised in the Delaware Constitution of 1792 a separate Court of Chancery was established. This constitution was heavily influenced by thinking of John Dickinson and George Read . William T. Quillen and Michael Hanrahan in their Short History of

3111-565: The remaining approaches was unchanged, and the intersection continued to experience regular long queues. The main north–south road in the city is Biscayne Boulevard ( US 1 ), and the main east–west route is the William H. Lehman Causeway . Although no interstates run through the city, I-95 is 1 mile (1.6 km) to the west, with access from Exit 16 (Ives Dairy Road). Brightline is an inter-city rail service operating between Miami and Orlando . The Aventura station , located adjacent to

SECTION 50

#1732798645815

3172-472: The same year. In Benihana of Tokyo, Inc. v. Benihana, Inc. , financial issues and a change of corporate control led three of the members of the Benihana, Inc.'s board of directors to consider the issuance of convertible stock and its sale to a potential buyer. Eventually, the entire board approved resolutions ratifying a stock purchase agreement with the buyer and authorizing the stock issuance. Afterwards,

3233-764: The teppanyaki restaurant concept which originated in Japan in the late 1940s to the United States, and later to other countries. The original Benihana location in Tokyo is part of Benihana Inc. (株式会社 紅花), a Japanese company, which also owns the Benihana Building in Nihonbashi and the Aoki Tower in Ginza . Yunosuke Aoki found a jazz café called "Ellington" in the Nihonbashi district of Tokyo in 1937. The café

3294-419: The text messages and responds to questions and concerns. Delaware Court of Chancery The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware . It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court . Since 2018, the court consists of seven judges. The court is known for being a hub for corporate governance litigation in

3355-447: The videos without permission. The company alleged that the blogger worked for an advertising company and might have personal motives that could be linked to his work to denigrate Benihana and praise its competitors located in the same area. In 2015, the CEO of Benihana filed a lawsuit to sue Angelo Gordon, an Investment Firm. Benihana operates or franchises restaurants in the United States,

3416-546: The wet season. In addition to its sea-level elevation, coastal location and position just north of the Tropic of Cancer , the area owes its warm, humid climate to the Gulf Stream , which moderates climate year-round. A typical summer day does not see temperatures below 75 °F (24 °C). Temperatures in the high 80s to low 90s (30–35 °C) accompanied by high humidity are often relieved by afternoon thunderstorms or

3477-440: Was 65 years of age or older. The average household size was 1.79 and the average family size was 2.45. In 2000, the city population was spread out, with 10.1% under the age of 18, 4.6% from 18 to 24, 26.5% from 25 to 44, 23.6% from 45 to 64, and 35.2% who were 65 years of age or older. The median age was 53 years. For every 100 females, there were 80.2 males. For every 100 females age 18 and over, there were 77.9 males. As of 2000,

3538-433: Was destroyed during the firebombing of Tokyo in 1945 and reopened in 1947 as a coffee shop called Benihana. Aoki opened a restaurant on the second floor in 1950. In 1955, he opened a teppanyaki restaurant across the street, now known as Benihana Bekkan. This was followed by a Ginza location in 1956, which closed in 1997 and was demolished to make way for the Aoki Tower office building. The first American Benihana location

3599-422: Was exploring a possible sale that could value the chain at $ 600 million or more. In 2024, Benihana was acquired by One Group Hospitality Inc. One Group completed the deal in February 2024 for $ 365 million in cash, acquiring 86 Benihana locations, as well as Benihana's 19 Ra Sushi restaurants. Subsequently, president and CEO of One Group, Emanuel “Manny” Hilario, also assumed the role of president and CEO of Benihana

3660-513: Was in 1964 on West 56th Street in New York City opened by 25-year-old Hiroaki Aoki, the son of Yunosuke Aoki and father of Steve Aoki and Devon Aoki . Aoki, a wrestler who had qualified for but did not attend the 1960 Summer Olympics , started the restaurant with US$ 10,000 (equivalent to $ 98,240 in 2023) earned from driving an ice cream truck in Harlem . Aoki's concept was for

3721-436: Was the solution. There was one chancellor, appointed by the governor for life. There was one chancellor, appointed by the governor for life. There is one chancellor, appointed by the governor for a 12-year term. There were also created over the years, additional vice chancellors, the first in 1939, a second in 1961, a third in 1984, and a fourth in 1989. Since 2018, there are six vice chancellors. They are also appointed by

SECTION 60

#1732798645815
#814185