Rioting tipped Langermann's into bankruptcy, partner says

Langermann's has filed for bankruptcy, with a partner blaming rioting.

Langermann's restaurant in Canton filed for Chapter 11 bankruptcy protection last week, with one of its partners saying the period of unrest and the aftermath pushed its finances over the edge.

The restaurant, which operates in the Can Company building, will remain open, said Mark Lasker, a Langermann's partner. The restaurant said in a bankruptcy filing it owes creditors, including the Internal Revenue Service and Belair Produce of Hanover, about $1.05 million.

Lasker said business had already started to take a hit as protests began over the death of Freddie Gray in police custody. In a 10-day period that included rioting and a mandatory curfew, the restaurant had about 500 guests, when it would typically have 15,000, he said. Revenue was down more than $40,000.

"It was crazy, people were just calling and canceling reservations on a Friday night," he said. "Our business was just hit quite severely."

Chapter 11 bankruptcy allows a business to restructure its debt, in contrast to Chapter 7 bankruptcy, in which assets are typically liquidated.

He added: "It's something we're not proud of, having to go this route. But Chapter 11 is a way of restructuring your debt. It will not change our operations."

cwells@baltsun.com

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