Photo by whutchins1.The nine Capitol Hill eateries owned by a Baltimore-based restaurant group that filed for bankruptcy last week are expected to continue operating as normal, according to a press release.
Boxcar Tavern, The Chesapeake Room, Hawk ’n’ Dove, Lola’s, Molly Malone’s, Pacifico Cantina, Park Tavern and Senart’s Oyster & Chop House are between $1 to $10 million in debt, according to the Wall Street Journal. From a the release obtained by Young & Hungry.
Barrack’s Row Ent. Group, LLC announced today that in an effort to address and reorganize certain structural debt issues, it and its operating subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United StatesBankruptcy Court for the District of Columbia.
The Companies’ bar and restaurant operations are expected to continue as normal and staff, food, liquor vendors and suppliers will be timely paid going forward throughout the bankruptcy process as it works to reorganize its debt structure.
“This reorganization will allow us to refocus our efforts on what is needed most: a rededication to quality food and a neighborhood atmosphere that reflects the unique nature of Capitol Hill and our loyal customer base of families, Hill staffers, neighbors and Nat’s fans looking to eat and drink before or after attending a home game,” William Nimmo, Managing Member of Barrack’s [ed. note: Yes, we know it’s Barracks] Row Holdings LLC, said in the release. “We have opened Hawk n’ Dove, as well as Park Tavern over the past year, and look to further expand with Willie’s BBQ and enhancements to our existing locations.”