Wednesday, November 17, 2010

claim jumper restaurants,to close poor performing locations

Claim Jumper warns of possible closing!

Claim Jumper Restaurants LLC has filed a layoff notice with the state of Wisconsin in case its Brookfield restaurant closes as part of the company’s sale out of bankruptcy.

Claim Jumper, based in Irvine, Calif., filed for bankruptcy in September. It has reached an agreement to sell its assets to Private Capital Partners, Portland, Ore., though the sale has yet to be approved by a bankruptcy court, according to the layoff notice received by the state Friday. A sale to PCP or another entity would give the buyer the right to choose which leases it assumes.

If the Brookfield Square location is not one of the assumed restaurants, it will close and the employees will lose their jobs, the notice said. A completed sale could result in layoffs on or before Dec. 11.

The notice did not say how many employees Claim Jumper has in Brookfield. The restaurant opened in 2008.
bizWatch



Claim Jumper warns of possible closing!

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