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Hines Ward Buys His Bankrupt Locker Room Bar At Auction
South Side Sports Restaurant Was Available To Highest Bidder
POSTED: 10:33 am EDT May 13,
2008
UPDATED: 11:55 am EDT May 23,
2008
PITTSBURGH -- The bankrupt South Side sports bar once co-owned by Pittsburgh Steelers wide receiver Hines Ward is now totally under Ward's ownership.Ward was the only bidder on the Locker Room Bar and Grille at an auction in federal bankruptcy court on Friday morning. A judge approved Ward's $900,000 bid.Along with the property on East Carson Street, the auction included the bar's liquor license and all of its alcohol, furniture, autographed jerseys, televisions and equipment.
Ward has not said what his plans are, but as the new owner of the Locker Room, he would not have to deal with the legal battles that drove it into bankruptcy."In all respects, it would be a fresh start for the business," said bankruptcy attorney Guy Fustine.A legal battle began in September when co-owner Nicholas Lettieri filed a lawsuit accusing Ward and a third owner, Kimberly Pitts, of draining money from company accounts.Ward and Pitts denied any wrongdoing. In December, they filed for Chapter 11 bankruptcy on behalf of the business.
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Previous Stories:
- December 13, 2007: Only On 4: Hines Ward 'Trusted Wrong People' In Pittsburgh Bar Venture
- November 20, 2007: Judge: Repay Money, Hand Over Keys To Hines Ward's 'Locker Room'
- November 1, 2007: Future Of Hines Ward's Pittsburgh Bar Being Decided In Court
- September 24, 2007: Legal Battle Over Hines Ward's Locker Room Bar Continues
- September 20, 2007: Legal Battle Brewing At Hines Ward's Locker Room Bar
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