Paragon Steakhouse Restaurants, Inc., Voluntary Petition

Type of Debtor

(Form of Organization)

(Check one box.)

Nature of Business

(Check one box.)

Chapter of Bankruptcy Code Under Which

the Petition is Filed (Check one box.)

¨        Individual (includes Joint
  Debtors)

           See Exhibit D on page 2
  of this form.

x       Corporation (includes LLC
  and LLP)

¨        Partnership

¨        Other (If debtor is not one
  of the above entities,
  check this box and state
  type of entity below.)

¨        Health Care Business

¨        Single Asset Real Estate
  as defined in 11 U.S.C.
  § 101(51B)

¨        Railroad

¨        Stockbroker

¨        Commodity Broker

¨        Clearing Bank

x       Other

¨        Chapter 7

¨        Chapter 9

x       Chapter 11

¨         Chapter 12

¨        Chapter 13

¨        Chapter 15 Petition for
  Recognition of a
  Foreign Main
  Proceeding

¨        Chapter 15 Petition for
  Recognition of a
  Foreign Nonmain
  Proceeding

Tax-Exempt Entity

(Check box, if applicable.)

Nature of Debts

(Check one box.)

¨        Debtor is a tax-exempt
  organization under Title
  26 of the United States
  Code (the Internal
  Revenue Code).

¨        Debts are primarily
  consumer debts,
  defined in 11 U.S.C. §
  101(8) as “incurred by
  an individual primarily
  for a personal, family,
  or household purpose.”

x Debts are primarily
business debts.

EX-99.2 3 dex992.htm PARAGON STEAKHOUSE RESTAURANTS, INC., VOLUNTARY PETITION Paragon Steakhouse Restaurants, Inc., Voluntary Petition

Exhibit 99.2

B1 (Official Form 1) (1/08)

United States Bankruptcy Court

Southern District of California

Voluntary Petition

08 - 04152 - 11


Name of Debtor (if individual, enter Last, First, Middle): Paragon Steakhouse Restaurants, Inc., a Delaware corporation		Name of Joint Debtor (Spouse) (Last, First, Middle):
All Other Names used by the Debtor in the last 8 years (include married, maiden, and trade names): DBA Hungry Hunter; DBA Hunter Steakhouse; DBA Carvers; DBA Carvers Creek; DBA Mountain Jack’s; DBATippecanoe Place; DBA The Whaling Company; DBA Cliffhouse of Folsom		All Other Names used by the Joint Debtor in the last 8 years (include married, maiden, and trade names):
Last four digits of Social Security or Individual-Taxpayer I.D. (ITIN) No./Complete EIN (if more than one, state all): 33-0369893		Last four digits of Social Security or Individual-Taxpayer I.D. (ITIN) No./Complete EIN (if more than one, state all):
Street Address of Debtor (No. & Street, City, and State): 10200 Willow Creek Road San Diego, CA 92131	ZIP CODE 92131-0000	Street Address of Joint Debtor (No. & Street, City, and State):	ZIP CODE
County of Residence or of the Principal Place of Business: San Diego		County of Residence or of the Principal Place of Business:
Mailing Address of Debtor (if different from street address):	ZIP CODE	Mailing Address of Joint Debtor (if different from street address):	ZIP CODE
Location of Principal Assets of Business Debtor (if different from street address above):

Filing Fee (Check one box.)

x Full Filing Fee attached

¨        Filing Fee to be paid in installments (Applicable to
  individuals only) Must attach signed application for the
  court’s consideration certifying that the debtor is unable to
  pay fee except in installments. Rule 1006(b). See Official
  Form 3A.

¨        Filing Fee waiver requested (Applicable to chapter 7
  individuals only). Must attach signed application for the
  court’s consideration. See Official Form 3B.

Chapter 11 Debtors

Check one box:

¨ Debtor is a small business debtor as defined in 11 U.S.C.
§ 101(51D).

x Debtor is not a small business debtor as defined in 11
U.S.C. § 101(51D).

Check if:

¨        Debtor’s aggregate noncontingent liquidated debts
  (excluding debts owed to insiders or affiliates) are less
  than $2,190,000

Check all applicable boxes:

¨ A plan is being filed with this petition.

¨        Acceptances of the plan were solicited prepetition from
  one or more classes of creditors, in accordance with
  11 U.S.C § 1126(b).

Statistical/Administrative Information

x Debtor estimates that funds will be available for distribution to unsecured creditors.

¨ Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no
funds available for distribution to unsecured creditors.

THIS SPACE
IS FOR COURT
USE ONLY

Estimated Number of Creditors reported on a consolidated basis with affiliated debtors.

1-49

50-99

100-199

200-999

1,000-

5,000

5001-

10,000

10,001-

25,000

25,001-

50,000

50,001-

100,000

OVER

100,000

Estimated Assets reported on a consolidated basis with affiliated debtors.

$0 to $50,000

$50,001 to $100,000

$100,001 to $500,000

$500,001
to $1 million

$1,000,001

to $10

million

$10,000,001

to $50

million

$50,000,001

to $l00
million

$100,000,001

to $500

million

$500,000,001

to $1 billion

More than

$1 billion

Estimated Debts reported on a consolidated basis with affiliated debtors.

$0 to

$50,000

$50,001 to

$100,000

$100,001 to $500,000

$500,001 to $1 million

$1,000,001 to $10 million

$10,000,001 to $50 million

$50,000,001 to $100 million

$100,000,001 to $500 million

$500,000,001 to $1 billion

More than

$1 billion


B1 (Official Form 1) (1/08)		Page 2

Voluntary Petition

(This page must be completed and filed in every case)

Name of Debtor(s):

Paragon Steakhouse Restaurants, Inc., a Delaware corporation

All Prior Bankruptcy Cases Filed Within Last 8 Years (If more than two, attach additional sheet.)


Location Where Filed: Central District of California, Riverside Division	Case Number: 02-12682	Date Filed: 2/19/02
Location Where Filed:	Case Number:	Date Filed:

Pending Bankruptcy Case Filed by any Spouse, Partner, or Affiliate of this Debtor (If more than one, attach additional sheet.)

Name of Debtor: See Attachment	Case Number:	Date Filed:
District:	Relationship:	Judge:

Exhibit A

(To be completed if debtor is required to file periodic reports (e.g., forms 10K and 10Q) with the Securities and Exchange Commission pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and is requesting relief under chapter 11.)

Exhibit B

(To be completed if debtor is an individual
whose debts are primarily consumer debts.)

I, the attorney for the petitioner named in the foregoing petition, declare that I have informed the petitioner that [he or she] may proceed under chapter 7, 11, 12, or 13 of title 11, United States Code, and have explained the relief available under each such chapter. I further certify that I delivered to the debtor the notice required by 11 U.S.C. § 342(b).


¨ Exhibit A is attached and made a part of this petition.	X
		Signature of Attorney for Debtor(s)	Date

Exhibit C

Does the debtor own or have possession of any property that poses or is alleged to pose a threat of imminent and identifiable harm to public health or safety?

¨	Yes, and Exhibit C is attached and made a part of this petition.

Exhibit D

(To be completed by every individual debtor. If a joint petition is filed, each spouse must complete and attach a separate Exhibit D.)

Exhibit D completed and signed by the debtor is attached and made a part of this petition.

If this is a joint petition:

Exhibit D also completed and signed by the joint debtor is attached and made a part of this petition.

Information Regarding the Debtor - Venue

(Check any applicable box)

Debtor has been domiciled or has had a residence, principal place of business, or principal assets in this District for 180 days immediately preceding the date of this petition or for a longer part of such 180 days than in any other District.

There is a bankruptcy case concerning debtor’s affiliate, general partner, or partnership pending in this District.

Debtor is a debtor in a foreign proceeding and has its principal place of business or principal assets in the United States in this District, or has no principal place of business or assets in the United States but is a defendant in an action or proceeding [in a federal or state court] in this District, or the interests of the parties will be served in regard to the relief sought in this District.

Certification by a Debtor Who Resides as a Tenant of Residential Property

Check all applicable boxes.

Landlord has a judgment against the debtor for possession of debtor’s residence. (If box checked, complete the following.)


		(Name of landlord that obtained judgment)

		(Address of landlord)

Debtor claims that under applicable nonbankruptcy law, there are circumstances under which the debtor would be permitted to cure the entire monetary default that gave rise to the judgment for possession, after the judgment for possession was entered, and

Debtor has included in this petition the deposit with the court of any rent that would become due during the 30-day period after the filing of the petition.

Debtor certifies that he/she has served the Landlord with this certification. (11 U.S.C. § 362(1)).


B1 (Official Form 1) (1/08)		Page 3


Voluntary Petition (This page must be completed and filed in every case)		Name of Debtor(s): Paragon Steakhouse Restaurants, Inc., a Delaware corporation

Signatures
Signature(s) of Debtor(s) (Individual/Joint) I declare under penalty of perjury that the information provided in this petition is true and correct. [If petitioner is an individual whose debts are primarily consumer debts and has chosen to file under chapter 7] I am aware that I may proceed under chapter 7, 11, 12 or 13 of title 11, United States Code, understand the relief available under each such chapter, and choose to proceed under chapter 7. [If no attorney represents me and no bankruptcy petition preparer signs the petition] I have obtained and read the notice required by 11 U.S.C. § 342(b). I request relief in accordance with the chapter of title 11, United States Code, specified in this petition. X _______________________________________________ Signature of Debtor X _______________________________________________ Signature of Joint Debtor _______________________________________________ Telephone Number (If not represented by attorney) _______________________________________________ Date		Signature of a Foreign Representative I declare under penalty of perjury that the information provided in this petition is true and correct, that I am the foreign representative of a debtor in a foreign proceeding, and that I am authorized to file this petition. (Check only one box.) ¨ I request relief in accordance with chapter 15 of title 11, United States Code. Certified copies of the documents required by 11 U.S.C. § 1515 are attached. ¨ Pursuant to 11 U.S.C. § 1511, I request relief in accordance with the chapter of title 11 specified in this petition. A certified copy of the order granting recognition of the foreign main proceeding is attached. X _______________________________________________ Signature of Foreign Representative _______________________________________________ Printed Name of Foreign Representative _______________________________________________ Date
Signature of Attorney* X /s/ Enid M. Colson Signature of Attorney for Debtor(s) Enid M. Colson 189912; Julia W. Brand 121760 Printed Name of Attorney for Debtor(s) Liner Yankelevitz Sunshine & Regenstreif, LLP Firm Name 1100 Glendon Avenue 14th Floor Los Angeles, CA 90024 Address (310) 500-3500 Fax:(310) 500-3501 Telephone Number _____________________________________________ Date * In a case in which § 707(b)(4)(D) applies, this signature also constitutes a certification that the attorney has no knowledge after an inquiry that the information in the schedules is incorrect.		Signature of Non-Attorney Bankruptcy Petition Preparer I declare under penalty of perjury that: 1) I am a bankruptcy petition preparer as defined in 11 U.S.C. § 110; 2) I prepared this document for compensation and have provided the debtor with a copy of this document and the notices and information required under 11 U.S.C. §§ 110(b), 110(h), and 342(b); and, 3) if rules or guidelines have been promulgated pursuant to 11 U.S.C. § 110(h) setting a maximum fee for services chargeable by bankruptcy petition preparers, I have given the debtor notice of the maximum amount before preparing any document for filing for a debtor or accepting any fee from the debtor, as required in that section. Official form 19 is attached. _______________________________________________ Printed Name and title, if any, of Bankruptcy Petition Preparer _______________________________________________ Social-Security number (If the bankruptcy petition preparer is not an individual, state the Social Security number of the officer, principal, responsible person or partner of the bankruptcy petition preparer.) (Required by 11 U.S.C. § 110.) _______________________________________________ Address X _______________________________________________
Signature of Debtor (Corporation/Partnership) I declare under penalty of perjury that the information provided in this petition is true and correct, and that I have been authorized to file this petition on behalf of the debtor. The debtor requests relief in accordance with the chapter of title 11, United States Code, specified in this petition. X /s/ Susan Schulze-Claasen Signature of Authorized Individual Susan Schulze-Claasen Printed Name of Authorized Individual President Title of Authorized Individual _____________________________________________ Date		_______________________________________________ Date Signature of Bankruptcy Petition Preparer or officer, principal, responsible person, or partner whose social security number is provided above. Names and Social-Security numbers of all other individuals who prepared or assisted in preparing this document unless the bankruptcy petition preparer is not an individual If more than one person prepared this document, attach additional sheets conforming to the appropriate official form for each person. A bankruptcy petition preparer’s failure to comply with the provisions of title 11 and the Federal Rules of Bankruptcy Procedure may result in fines or imprisonment or both 11 U.S.C. § 110; 18 U.S.C. § 156.


B1 (Official Form 1) (1/08)		Page 4


In re Paragon Steakhouse Restaurants, Inc., a Delaware corporation		Case No.
Debtor(s)

FORM 1. VOLUNTARY PETITION

Pending Bankruptcy Cases Filed Attachment


Name of Debtor / District	Case No. / Relationship	Date Filed / Judge
Paragon of Michigan, Inc., a Wisconsin corporation	Filed concurrently Affiliate
Steakhouse Partners, Inc., a Delaware corporation	Filed concurrently Affiliate