An owner of Tommy Nevin’s says the popular pub’s customers should not worry as it faces a multimillion-dollar foreclosure lawsuit.
“We’re not going bankrupt. We’re not going anywhere,” said Steven Cin, who is part of the ownership group that oversees the Evanston restaurant in the 1400 block of Sherman Avenue.
The lawsuit alleges that the owners of Tommy Nevin’s have missed several monthly mortgage payments stemming from two loans. Bank of America filed the complaint April 2 in U.S. District Court in Chicago.
In total, Tommy Nevin’s owed the bank $5,441,063.38 before interest as of March 27, according to the lawsuit.
The ownership group operates several locations in the Chicago suburbs, but the lawsuit only names the Evanston restaurant and the Tommy Nevin’s in Naperville, Ill.
Cin said he expects to refinance both mortgages by early next week at the latest.
The owners’ attorney did not immediately respond to a request for comment this afternoon.
— Patrick Svitek