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Rusty Pelican Restaurants Inc

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BUSINESS
August 3, 1992 | Chris Woodyard, Times Staff Writer
Faced with changing customer demand, Scott Barnett is looking for ways to broaden the appeal of the upscale Rusty Pelican restaurants. The 38-year-old president of the San Juan Capistrano-based chain of 27 restaurants has launched experiments that include dividing restaurants in Brea and San Bruno into two eateries under one roof. He converted the company's Ancient Mariner restaurant in Newport Beach into the a-la-carte-only Sand Dancer Grill.
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BUSINESS
March 12, 1996
Trends: Paramount Pictures, a unit of Viacom Inc., plans to capitalize on its hit film "Forrest Gump" by launching a nationwide chain of restaurants called Bubba Shrimp Co. Paramount will develop the restaurants along with closely held Rusty Pelican Restaurants Inc. Sources: Associated Press, Bloomberg Business News
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NEWS
July 20, 1993 | GREG JOHNSON, TIMES STAFF WRITER
In more bad news for the Orange County restaurant industry, Rusty Pelican announced Monday that it has closed six of its 24 restaurants, laid off 400 workers and will seek protection in bankruptcy court later this week. Rusty Pelican President Scott Barnett said about 100 full-time and 300 part-time employees lost their jobs when restaurants were closed Sunday night in Brea, Irvine, Palm Desert, Woodland Hills and Portland, Ore.
BUSINESS
March 8, 1996 | GREG JOHNSON, TIMES STAFF WRITER
If you loved the movie, you'll love the food. That's the reasoning behind Bubba Gump Shrimp Co., a seafood restaurant chain planned by Rusty Pelican Restaurants Inc. and Paramount Pictures that will incorporate scenery and themes from "Forrest Gump," the popular 1994 movie that won six Oscars.
BUSINESS
May 8, 1987
Apparently on the road to recovery, Rusty Pelican Restaurants Inc. reported net earnings of $261,000 for the third quarter of its fiscal 1987, an 8.2% increase from $13.8 million posted a year earlier. Revenues for the quarter ended April 12 were $261,000, compared with a net loss of $512,000 the prior year. The results mark the first positive earnings comparison since July 1985 for the Irvine-based dinner-house chain.
BUSINESS
March 12, 1996
Trends: Paramount Pictures, a unit of Viacom Inc., plans to capitalize on its hit film "Forrest Gump" by launching a nationwide chain of restaurants called Bubba Shrimp Co. Paramount will develop the restaurants along with closely held Rusty Pelican Restaurants Inc. Sources: Associated Press, Bloomberg Business News
BUSINESS
March 1, 1990 | CHRIS WOODYARD, TIMES STAFF WRITER
A former executive of Rusty Pelican Restaurants Inc. has come home to roost as the seafood restaurant chain's president and chief executive officer. Greg Dollarhyde, 37, is leaving his position as a Pizza Hut Inc. vice president to return to Rusty Pelican, where he worked as chief financial officer until 1987. He replaces Randy Howatt, a 21-year executive at Rusty Pelican, who has resigned to start a new restaurant venture.
BUSINESS
March 24, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
A judge on Wednesday approved the reorganization plan of Rusty Pelican Restaurants Inc., officially lifting the upscale dinner house chain out of eight months of bankruptcy proceedings. U.S. Bankruptcy Court Judge John E. Ryan found that the restaurant chain, which is based in San Juan Capistrano, had reached agreement on its debts and has a viable economic forecast for the next five years, lawyer Marc J. Winthrop said.
BUSINESS
March 8, 1996 | GREG JOHNSON, TIMES STAFF WRITER
If you loved the movie, you'll love the food. That's the reasoning behind Bubba Gump Shrimp Co., a seafood restaurant chain planned by Rusty Pelican Restaurants Inc. and Paramount Pictures that will incorporate scenery and themes from "Forrest Gump," the popular 1994 movie that won six Oscars.
BUSINESS
March 8, 1991 | ANNE MICHAUD, SPECIAL TO THE TIMES
Until recently, comparing Rusty Pelican restaurants to Carl's Jr. would have been like saying you should shop Gucci for bargains. But Gregory Dollarhyde, chief executive officer of Rusty Pelican Restaurants Inc., doesn't mind making that comparison after a yearlong effort to reshape the 31-unit seafood chain.
BUSINESS
March 24, 1994 | CHRIS WOODYARD, TIMES STAFF WRITER
A judge on Wednesday approved the reorganization plan of Rusty Pelican Restaurants Inc., officially lifting the upscale dinner house chain out of eight months of bankruptcy proceedings. U.S. Bankruptcy Court Judge John E. Ryan found that the restaurant chain, which is based in San Juan Capistrano, had reached agreement on its debts and has a viable economic forecast for the next five years, lawyer Marc J. Winthrop said.
BUSINESS
March 3, 1994 | Greg Johnson / Times staff writer
Chain Reorganizes: San Juan Capistrano-based Rusty Pelican Restaurants has filed a plan of reorganization in U.S. Bankruptcy Court in Santa Ana. Rusty Pelican closed six of its locations upon entering Chapter 11 bankruptcy in July, 1993. The plan calls for Rusty Pelican to pay a 25% lump sum payment to its general unsecured creditors, according to Rusty Pelican's attorney, Marc J. Winthrop.
BUSINESS
July 23, 1993
Bankruptcy Filing: Rusty Pelican, which on Sunday closed six of its 24 restaurants, filed Thursday for reorganization under Chapter 11 of the U.S. Bankruptcy Code, said Marc Winthrop, a bankruptcy lawyer based in Irvine. Rusty Pelican executives had said earlier in the week that the filing would be made as soon as possible. The company, based in San Juan Capistrano, blamed the filing, made in U.S.
BUSINESS
July 22, 1993 | Greg Johnson / Times staff writer
Rusty Pelican, the San Juan Capistrano-based restaurant operator, said it hopes to file its petition for a Chapter 11 reorganization with U.S. Bankruptcy Court in Santa Ana today. The chain closed six of its restaurants--including locations in Brea, Newport Beach and Irvine--at the close of business on Sunday, but remains open at 18 other locations.
BUSINESS
July 20, 1993 | GREG JOHNSON, TIMES STAFF WRITER
Rusty Pelican, which closed six of its 24 restaurants Sunday, said Monday that it plans to file for Chapter 11 bankruptcy protection this week, blaming expensive leases and an onerous debt load left over from a 1987 acquisition. The upscale restaurant chain, founded in 1967 by former Newport Beach lifeguard Louis (Pete) Siracusa, would be the third Orange County restaurant company forced into bankruptcy protection in recent months. Costa Mesa-based Del Taco Inc.
BUSINESS
July 20, 1993 | GREG JOHNSON, TIMES STAFF WRITER
Rusty Pelican, which closed six of its 24 restaurants Sunday, said Monday that it plans to file for Chapter 11 bankruptcy protection this week, blaming expensive leases and an onerous debt load left over from a 1987 acquisition. The upscale restaurant chain, founded in 1967 by former Newport Beach lifeguard Louis (Pete) Siracusa, would be the third Orange County restaurant company forced into bankruptcy protection in recent months. Costa Mesa-based Del Taco Inc.
BUSINESS
March 3, 1994 | Greg Johnson / Times staff writer
Chain Reorganizes: San Juan Capistrano-based Rusty Pelican Restaurants has filed a plan of reorganization in U.S. Bankruptcy Court in Santa Ana. Rusty Pelican closed six of its locations upon entering Chapter 11 bankruptcy in July, 1993. The plan calls for Rusty Pelican to pay a 25% lump sum payment to its general unsecured creditors, according to Rusty Pelican's attorney, Marc J. Winthrop.
NEWS
July 20, 1993 | GREG JOHNSON, TIMES STAFF WRITER
In more bad news for the Orange County restaurant industry, Rusty Pelican announced Monday that it has closed six of its 24 restaurants, laid off 400 workers and will seek protection in bankruptcy court later this week. Rusty Pelican President Scott Barnett said about 100 full-time and 300 part-time employees lost their jobs when restaurants were closed Sunday night in Brea, Irvine, Palm Desert, Woodland Hills and Portland, Ore.
BUSINESS
August 3, 1992 | Chris Woodyard, Times Staff Writer
Faced with changing customer demand, Scott Barnett is looking for ways to broaden the appeal of the upscale Rusty Pelican restaurants. The 38-year-old president of the San Juan Capistrano-based chain of 27 restaurants has launched experiments that include dividing restaurants in Brea and San Bruno into two eateries under one roof. He converted the company's Ancient Mariner restaurant in Newport Beach into the a-la-carte-only Sand Dancer Grill.
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