MYRTLE BEACH — Owners of the Mykonos restaurant here have filed for bankruptcy protection and plan to sell the Greek and Italian restaurant’s property to help pay off creditors, according to court documents filed in federal bankruptcy court.
Manihan LLC, the corporate parent to Mykonos, has asked a bankruptcy judge for permission to sell the restaurant site at 1002 29th Ave. North for $899,900 – money that would help pay off a $1.4 million mortgage loan the corporation received in 2010 from Waccamaw Bank, now known as First Community Bank. Manihan wants to hire KingOne Properties International to market the property in exchange for a 10 percent commission. No hearing date has been scheduled on the request.
The bankruptcy case stays a foreclosure lawsuit First Community Bank filed last year against Mykonos’ owners. The bank already has foreclosed on a riverfront lot that Manihan LLC owned in the Cypress River Plantation development.
Other than the restaurant property, Manihan claims it has about $15,000 worth of restaurant equipment and furniture. Manihan, in its court filing, says it also owes $26,816 to Palmetto Paving. A meeting of the restaurant’s creditors is scheduled for Friday in Charleston.
A pair of judgments filed in magistrate’s court against Mykonos are not reflected in the bankruptcy filing. Those judgments include $3,725 owed to Myrtle Beach Fire & Safety and $9,127 owed to the state’s Department of Workforce. In addition, former restaurant chef Andreann Geise is suing Mykonos’ owners claiming they failed to pay her for work she did. The restaurant’s owners deny the allegations. Geise is seeking $144,434 in damages and the lawsuit is pending.
Robert Pohl, a Greenville lawyer representing Manihan, could not be reached for comment Monday.
The three partners in Manihan are Christopher Manios, George “Drew” Manios and James Callihan, according to court records. Mykonos has been closed since late last year.
Contact DAVID WREN at 626-0281.