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South Tampa Nightclub Files for Chapter 11 Protection

Submitted by ckanon@abi.org on
A South Tampa, Fla., nightclub that owes the Internal Revenue Service almost $700,000 in employment taxes has filed for chapter 11 protection, the Tampa Bay Business Journal reported yesterday. Hyde Park Cafe filed in the U.S. Bankruptcy Court of the Middle District of Florida. The club will remain open, and there should be no changes in day-to-day operations. Hyde Park Cafe, which opened in the 1990s, was once one of the hottest nightclubs in Tampa, counting Derek Jeter among its regulars. The IRS is owed $679,578, according to the bankruptcy filing. It also owes more than $1.7 million in unpaid rent to Tampa Hyde Park Cafe Properties LLC and Fonte Properties.