Popular Louisville Food Truck Files For Chapter 11 Bankruptcy Protection
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The owners of a popular Louisville food truck filed for bankruptcy last week, according to Louisville Business First.
The Celtic Pig LLC, which operates a food truck by the same name, filed for Chapter 11 bankruptcy protection with the U.S. District Court of Western District of Kentucky on Aug. 11. Chapter 11 protection enables a business to restructure its creditor obligations to keep the business alive and pay back its debts over time.
Sam Bracken III, co-owner of the Celtic Big BBQ food truck, declined to comment for this story. Bracken said he wanted to handle the situation in private. However, his partner Melissa Ingram set up a GoFundMe campaign seeking $100,000 to aid the business. It’s raised over $5,000 so far.
The company’s former landlord has repossessed Celtic Pig’s food truck, according to an Aug. 1 post on its Facebook page, which linked to the crowdfunding campaign.
“The Celtic Pig food truck is in trouble. Melissa and I are in trouble,” Bracken wrote in the post. “Our former landlord from our restaurant that Covid killed has gotten a court order and has taken our food truck. He is also coming after our house.
Derek Steinbrecher, corporate managing director of Ice House Lofts, said his company got a judgment against the Celtic Pig in November , but he couldn’t provide further details because of ongoing litigation.
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