Eddie Montgomery's Steakhouse Up for Auction in January

By: Associated Press
By: Associated Press

Central Bank & Trust of Lexington won a judgment against Eddie Montgomery's Steakhouse in Harrodsburg over unpaid loans and forced the auction set for January 10 in Harrodsburg.

HARRODSBURG, Ky. (AP) -- A Central Kentucky Restaurant run by singer Eddie Montgomery, half of the country music duo Montgomery Gentry, is set to go on the auction block in January to settle $12.7 million in defaulted loans.

Central Bank & Trust of Lexington won a judgment against Eddie Montgomery's Steakhouse in Harrodsburg over unpaid loans and forced the auction set for January 10 in Harrodsburg.

The bank sued Montgomery and his ex wife in Boyle Circuit Court earlier this year, claiming the couple owed money on loans related to the business.

The restaurant opened in late 2009 but closed in early May.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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