Dec 12, 2007 8:26 am US/Eastern
Steelers' Ward Files For Bankruptcy For Bar
PITTSBURGH (KDKA/AP) ―
Steelers Wide Receiver Hines Ward has filed for bankruptcy on behalf of the South Side bar he co-owns.
Ward and his business partner Kimberly Pitts filed for Chapter Eleven for the Locker Room Bar & Grille.
The move comes less than a month after a judge ordered the pair to repay an estimated $170,000 wiithdrawn from bank accounts at the bar.
Ward has since repaid more than $48,000 that a third partner in the bar says Ward used to buy two vehicles for Ward's friends.
Co-owner Korry Pitts was ordered to repay $122,000 and turn over ownership and keys to the bar to the third investor, Nicholas Lettieri.
Lettieri's attorney says the bankruptcy is a ploy to get Pitts off the hook.
But attorneys for Ward and Pitts say the filing willhelp resolve the debt.
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