Investor to acquire company's assets as part of reorganization
Claim Jumper Restaurants LLC filed for Chapter 11 bankruptcy protection Friday and said it plans to sell most of its assets to an affiliate of investment firm Canyon Capital Advisors LLC. The Irvine, Calif.-based restaurant company expects to emerge from bankruptcy debt-free in about two months under new ownership. Private Capital Partners, an affiliate of Los Angeles-based Canyon Capital and a current investor in Claim Jumper, said it would acquire “substantially all” of the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!