Baltimore restaurant, The Black Olive, has filed a bankruptcy case to prevent the foreclosure sale of its building in Fells Point, an attorney for the business said Tuesday.
The Greek restaurant opened in 1997 and has remained open in Baltimore’s Fells Point neighborhood for more than 30 years. The owners said the Black Olive remains open and “operating at full strength,” despite the Chapter 13 bankruptcy case.
“This filing has nothing to do with the viability of the restaurant,” said attorney Adam Freiman. “This is a real estate dispute involving loans that the owners contend have been fully satisfied, and which the bank disputes.”…