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Bennigan's franchise system taken over

BATON ROUGE La. Atalaya Capital Management LP, which has offices in New York and Atlanta, and CRG Partners, with offices in nine U.S. cities and Vienna, Austria, have taken over the management of the Bennigan's Grill & Bar franchise system in the wake of the Chapter 7 bankruptcy filings for court-supervised liquidation this week by S&A Restaurant Corp. and some affiliates, a franchisee here said.

Rick Pastorek, president of BOL Inc. of Baton Rouge, which owns

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