An Athens pizza restaurant that closed in late 2013, Abrio’s Vera Cucina, may have its contents auctioned online following a motion filed in the Athens County Court of Common Pleas.
An Athens restaurant that closed its doors in 2013 might have the contents of its building sold through an online auction in the coming months.
Jack Harris, the individual currently in charge of both the building and its contents, filed a motion last week in the Athens County Common Pleas Court requesting permission to auction “furniture, fixtures and equipment” in the building formerly occupied by Abrio’s Vera Cucina, 859 E. State St.
The furniture, fixtures and equipment have been valued at an estimated $40,000 to $50,000. Harris requested to employ reTAGit, an online auction site, to handle the sale.
Athens County Common Pleas Judge Pat Lang will hear Harris’ request on April 1.
If permission to liquidate the store’s assets is granted, the sale will last between 10 and 14 days and will be open to the public.
Court documents include a 14-page list of saleable assets. The list ranges from 42 in. LCD televisions to pots and pans.
Harris is affiliated with Intercept Management Corp., a Columbus-based company specializing in “managing distressed and insolvent properties and businesses.” Harris has used reTAGit to sell furniture in previous cases, according to court documents.
Harris is serving as a court-appointed receiver of Lady Hawke LLC’s assets, meaning it’s his responsibility to maximize the monetary value of Abrio’s. Receivers are generally seen as an alternative to bankruptcy.
The court placed in Abrio’s in receivership after Lady Hawke LLC failed to pay more than $300,000 owed to the Ohio University Credit Union in early 2013, according to a previous Post report.
Harris attempted to keep the restaurant afloat, but got permission from the court to shut it down on Oct. 2, 2013, after the business continually failed to make the roughly $14,000 per week in sales necessary to stay open.
@JeremyHTweets
jh082913@ohio.edu
