Disagreements between Bethesda Blues and Jazz Supper Club’s owner and investor have led to the possibility of foreclosure on the property. Auction Markets, LLC has already set the foreclosure auction for June 29 at 11 a.m.
According to club owner Rick Brown, the conflict of interests began last spring, when the club’s investor, Kenneth Welch, filed two lawsuits regarding two other properties in North Carolina and Virginia.
Welch refused comment through his attorney David Musgrave.
Brown said this foreclosure suit is a “vengeful act” from Welch’s part from not winning the other lawsuits.
“He’s taken this action, we think, because of revenge after the other two properties have been substantially repudiated as his attempt to sue us. So it’s a shame because (with) a simple phone call, we would have been able to resolve, at least in conversation, how he would like to do something with this property to secure his interests,” Brown said.