“I think it just came down to a completely undercapitalized project, and the chances of an undercapitalized project succeeding are slim to none. We lost financing right before it opened, money that would have gotten all the contractors paid off, which is what the lawsuits and lawyer bills stemmed from, so that prevented us from spending money on the business.”
— James Brennan talking about his former Hillcrest nightclub, Universal, which closed in 2009
