DELMAR, NY (WRGB)- Months after financial turmoil at Swifty’s Restaurant and Pub, the business and its owners are now facing a new legal fight.
NBT Bank is suing Swifty’s and owners David and Rebecca Swift, seeking foreclosure, according to court paperwork. The bank alleges Swifty’s defaulted on its monthly mortgage payments in November.
NBT claims Swifty’s owes more than $108,000 on the mortgage, plus interest, and also owes money on an additional line of credit, plus interest.
The mortgage, for $300,000, was taken out in 2009.
The lawsuit follows a turbulent few months for the restaurant group. Swifty’s abruptly closed its locations in Albany, Delmar and Utica in December after state tax officials seized the restaurants. The Albany and Delmar locations later reopened.
At the time, an online database showed 12 warrants for unpaid sales tax totaling more than $2 million. Those warrants date back as far as 2022 and as recently as last month.
The lawsuit was filed last week and first made headlines in the Albany Business Review on Friday.
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Swifty’s was open over the weekend. CBS6 reached out for comment but was told the owner was not available.