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OC restaurateur, partners in default - Worcester County News Bayside Gazette

Summary by baysideoc.net
By Brian Shane Staff Writer (April 9, 2026) Ocean City restaurateur Peter Elias and his partners in a 17th Street renovation project are facing a $3.5 million court-ordered judgment after defaulting on a commercial loan. The Bank of Ocean City is suing The Bistro and Lounge LLC as the borrower and Elias as its managing member. He is being sued both individually and under the LLC, which owns the Cowboy Coast restaurant at 1706-1708 Philadelphia A…
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baysideoc.net broke the news on Thursday, April 9, 2026.
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