Hospitality & Tourism  November 26, 2019

Tebo claims $154,000 in brewpub bankruptcy

BOULDER — Major regional developer and landlord Stephen Tebo is claiming he is owed $154,000 after brewpub chain Growler USA filed for Chapter 11 bankruptcy Monday.

In filings with the U.S. Bankruptcy Court of Colorado, the Centennial-based chain of bars and restaurants estimated its liabilities at $1 million to $10 million.

Tebo Development Co. is listed as an unsecured creditor for $154,000. While the filing does not say what product or service Tebo’s company provided to Growler, the claim is marked as “contingent, unliquidated and disputed” and could be difficult to collect.

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Tebo Development is not listed as the owner of either of the two Growler properties in Denver, according to Denver County and Arapahoe property records.

Growler’s main attraction is its 100-tap system in every bar, which it uses to promote craft beers from the nearby region. Along with its Denver locations, nine other active restaurants across the United States and in Vancouver, Canada, according to the company’s website. The chain also lists upcoming restaurants in Albuquerque, New Mexico. and Odessa, Texas.

Tebo was unavailable for comment Tuesday. Growler and its bankruptcy attorney did not respond to requests for comment.

BOULDER — Major regional developer and landlord Stephen Tebo is claiming he is owed $154,000 after brewpub chain Growler USA filed for Chapter 11 bankruptcy Monday.

In filings with the U.S. Bankruptcy Court of Colorado, the Centennial-based chain of bars and restaurants estimated its liabilities at $1 million to $10 million.

Tebo Development Co. is listed as an unsecured creditor for $154,000. While the filing does not say what product or service Tebo’s company provided to Growler, the claim is marked as “contingent, unliquidated and disputed” and could be difficult to collect.

Tebo Development is…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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