KATIE MULLEN’S OWNER FILES FOR CHAP­TER 11

The Denver Post - - BUSINESS - By Ali­cia Wal­lace

Katie Mullen’s didn’t have the full luck of the Ir­ish when it opened in 2009 in a sprawl­ing space below what is now the Sher­a­ton Down­town Den­ver Ho­tel.

“We opened up in the worst of times, when con­ven­tional bank­ing was not avail­able,” owner Paul Maye said Thurs­day, two days af­ter his Northwest Bars Inc. filed for Chap­ter 11 bank­ruptcy pro­tec­tion.

The re­ces­sion- rat­tledU. S. bank­ing sys­tem had bat­tened down the hatches, which meant Maye had to in­vest $ 3 mil­lion of his own money to open the doors of Katie Mullen’s.

Since Katie Mullen’s opened, com­peti­tors Henry’s Tav­ern and Yard House have opened nearby, and United Artists Den­ver Pavil­ions movie the­ater and other chains, such as Star­bucks, have landed liquor li­censes.

Re­or­ga­ni­za­tion, Maye said, is a chance to “keep it on a solid foot­ing go­ing for­ward.”

The fil­ing per­tains only to the down­town lo­ca­tion, Maye said. Wee Katie’s Ir­ish Restau­rant and Pub in Lower High­land and Katie Eile’s Restau­rant & Pub in West­min­ster are in­de­pen­dently owned.

Katie Mullen’s will re­main op­er­a­tional through the Chap­ter 11 process, he said, adding that em­ploy­ees al­ready are or­ga­niz­ing events for St. Pa­trick’s Day.

He­len H. Richard­son, The Den­ver Post

The owner of Katie Mullen’s at Court Place filed for bank­ruptcy.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.