Requin at The Wharf has joined the list of Mike Isabella restaurants in Chapter 7 bankruptcy.
The Chapter 7 petition, filed Feb. 28 in U.S. Bankruptcy Court in Maryland, lists assets and liabilities of between $1 million and $10 million for ReqWharf LLC. Liabilities include $166,400 owed to the restaurant’s landlord and varying amounts to individual purveyors and food companies, employees and other service providers.
The filing also values the build-out of Requin, including the equipment, furniture and other items, at more than $3 million.
Isabella filed for Chapter 11 bankruptcy reorganization for several of his restaurants and his parent company back in September, after he was sued for sexual harassment by a former general manager within his company. (He settled the suit in May 2018.)
The once-prolific restaurateur converted the cases in December to Chapter 7, or liquidation bankruptcy, saying “it appears there are no meaningful operating businesses to reorganize.”
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