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Conventioneers and young twentysomethings woke up Monday to a world with one fewer Fourth Street Live watering hole to frequent when The Pub announced it had shuttered. According to Business First, surprisingly the closing was not related to impending Obamacare costs. Rather, The Pub's parent company, Tavern Restaurant Group Inc., is suing the Cordish Companies' subsidiary that owns Fourth Street Live over disputed common area maintenance costs and rent payments. Should the case go to court, Lester Freamon will likely be flown in from Cordish's hometown of Baltimore to untangle the business arrangements for a confused jury.
The closing leaves Pub fans like WDRB.com reader "Joe" devastated. "I love how suits argue and everyone suffers," he wrote. "Way to jumpstart the local economy, idiots." Thankfully "Joe" and his ilk will be able to drink away their sorrows in one of Fourth Street Live's 12 other watering holes.
· BIZ FIRST: Pub at 4SL closes in dispute with Cordish [Louisville Hot Bytes]
· Cordish Cos. Quickly Running Off Local Businesses [The Ville Voice]