Walt Disney World has filed a UCC Financing Statement with the State of Florida against Marrakesh Moroccan Restaurant, LLC, which operates the restaurants and stores throughout the Morocco Pavilion in EPCOT.
Disney is claiming collateral against “All goods, inventory, the Furnishings, and all other items of personal property belonging to Debtor which are or may be put into the Facilities and all proceeds of the foregoing. “Furnishings” means all inventory, furnishings, furniture, supplies, equipment, and other items of personalty required or desired by Debtor for the sponsorship and operation of the Facilities. “Facilities” means all restaurants, cafes, quick service restaurants, retail areas, concession areas, kiosks, hostess stands, back-of-house area, storage areas, office areas and any other areas upon which Debtor conducts business located at the Morocco Pavilion at Epcot Theme Park and having a physical address of 1788-1790 Avenue of the Stars, City of Bay Lake, Florida.”
Restaurant Marrakesh recently filed for a Paycheck Protection Program, or PPP loan for $1-2 million in light of COVID-19 related closures and impacts at the location. The loan lists a total of 260 jobs retained through the funds acquired. While Restaurant Marrakesh remains closed at this time, the Morocco Pavilion has reopened with Spice Road Table and an array of shops. Tangierine Cafe temporarily closed back in early August.
Throughout the closure, the Morocco Pavilion put out a job listing for merchandise hosts as well as hosts at their quick-service location. The Morocco Pavilion in particular is one of the select pavilions that operates independently from Disney.