Cefalo's Wine Cellar in the Grove, the wine shop owned by former Miami
Dolphins wide receiver Jimmy Cefalo, has filed for bankruptcy
liquidation.
The
shop filed for Chapter 7 Friday, just days after some $500,000 in
inventory and equipment was removed from the store by a company that
held a judgment against the business, said Cefalo's bankruptcy lawyer
Gary M. Freedman. That ''ostensibly shut them down,'' Freedman said.
Freedman
said The Miami Herald had obtained a $33,000 judgment against Cefalo's,
but sold it to a company that buys debt and then seeks to collect on
it.
Cefalo's opened its doors in February of last
year at 3450 Main Hwy. In the bankruptcy filing, Cefalo's reported
assets of less than $50,000 and liabilities of between $500,000 and $1
million.