A local favorite watering hole and restaurant for more than 30 years, the filed for Chapter 11, allowing the business — which owner Nancy Silverman said will remain open — to restructure its debt under the United States Bankruptcy Code.
“Georgetown Saloon will continue to operate with our great food, our cool and award-winning, exciting and varied music and fun times,” Silverman told Patch. “We love Georgetown and will continue to support it as we have over the years.”
According to the Connecticut district of the United States Bankruptcy Court, HLS Kitchen, LLC, which does business as the Georgetown Saloon, filed June 3.
Economically, recent years have been tough for many, Silverman said.
“The downturn in the economy over the past few years has affected many people and businesses, and the impact has been felt by many local restaurants,” Silverman said.
But Silverman, who co-owns the business with Leo Spinelli, said she's confident her patrons will show her business their support.
“We are an integral part of the Georgetown community,” Silverman said. “We look forward to seeing all of our wonderful patrons as they support us throughout this restructuring. As we continue to support the community, our patrons continue to support us and live our slogan: ‘Great Food, Great Music and Great Times!’.”
, and the Saloon’s been a staple of Georgetown for more than 32.
An open meeting of creditors and anyone else who’d like to attend is scheduled for July 11 at 10 a.m. at the Office of the United States Trustee in New Haven, according to Sue Waterbury, divisional manager of Bridgeport division of Connecticut’s Bankruptcy Court.
The Georgetown Saloon’s website provides a music and events calendar, the menu and history of the restaurant, among other things.