Taverna Athena, the Greek restaurant in downtown Baltimore's Harborplace, has sought protection from its creditors under Chapter 11 of the federal bankruptcy code.
In the filing Wednesday in U.S. Bankruptcy Court in Baltimore, the restaurant lists liabilities of more than $390,000 and said its assets are worth $169,661.
The bankruptcy code's Chapter 11 section allows companies to reorganize their debts while continuing to operate and serve customers. Taverna Athena's owner, Spyros Stavrakas, and its lawyer, Joel Denning, did not return phone calls seeking comment.
Taverna Athena's biggest creditor is Harbor Place Ltd. Partnership, the Rouse Co. affiliate that is its landlord. Harbor Place is owed $114,000 in unsecured claims.
Mr. Stavrakas, listed as being owed $110,000, is the second-biggest creditor. His wife, Georgette Stavrakas, owed $80,000, is the third-biggest creditor, according to the filing.
Other creditors are various restaurant supply companies.
