Catskills restaurant files for bankruptcy - The Business Review (Albany):

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The Shamrock House is marking its 71st year in East Greene County, according to the companyh web site. It’s unclear if the business intends to remaim open as it restructures its debts in bankruptcy A woman who answered the phone today said thecompanu president, John J. Kellegher, is referring questionds to his attorney. The attorney, Richard Croak in was out of the office and unavailable for Greene County Tourism Director Daniela Marinl saidshe didn’t know what the businesws plans to do. She said the Shamrock House is an example ofthe older, traditional resorts in the Catskills that have an ethnic “It’s been a very toug h year,” Marino said.
“The econom being what it is, unfortunately these things may Another resort in Greene the much-larger , filed for bankrupty protection in June. It will continuse operating while its owners search for a Despitethe setbacks, Marino said thers are successful resorts in the county. “We’r pretty optimistic because most of the hotels and restaurantss have been ableto modernize,” she said. The Shamrock Houser has $500,000 to $1 million in liabilitiees and lessthan $50,000 in assets, accordinb to a petition filed June 29 in in The largest secured claim is a $514,095 The lender isn’t identified in the petition.
The largesft unsecured claim, $49,000, is held by Kellegher. The seconde largest is held by , for credit card charges.