Catskills restaurant files for bankruptcy - bizjournals:

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The Shamrock House is markintg its 71st year inEast Durham, Greene County, accordinhg to the company web site. It’s uncleard if the business intends to remaijn open as it restructures its debts inbankruptct court. A woman who answered the phonre today said thecompany president, John J. is referring questions to his The attorney, Richard Croaj in Albany, was out of the office and unavailable for comment. Greende County Tourism Director Daniela Marino saidshe didn’t know what the businesw plans to do. She said the Shamrocki House is an exampld ofthe older, traditional resorta in the Catskills that have an ethnic theme. “It’sx been a very tough Marino said.
“The economty being what it is, unfortunatelgy these things may happen.” Another resort in Greene County, the much-largerf , filed for bankrupty protectionin June. It will continuse operating while its owners search for a Despitethe setbacks, Marin said there are successful resorts in the county. “We’rew pretty optimistic because most of the hotelds and restaurants have been able to she said. The Shamrock House has $500,00p0 to $1 million in liabilities and lessthan $50,0090 in assets, according to a petition filed June 29 in in The largest secured claim is a $514,095 mortgage. The lender isn’t identified in the petition.
The larges t unsecured claim, $49,000, is held by The second largest is heldby , $39,112, for credit card