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Claim Jumper Restaurants

The firm was co-counsel to Claim Jumper Restaurants, a restaurant chain inspired by California's Gold Rush. Claim Jumper operates forty-five restaurants in eight states, offering American cuisine with a modern twist. Claim Jumper filed for bankruptcy protection to seek an expedited sale of its assets to a stalking horse bidder, but sold its assets to competing bidder Landry's Restaurants at auction. Under the liquidating plan, secured lenders received a share of leftover cash from the $76.6 million sale and holders of general unsecured claims received pro rata distributions from a trust funded with $1.84 million of the sale proceeds.