BARAKETT TIMOTHY R
SC 13D/A, 2000-03-03
Previous: BUILDERS FIXED INCOME FUND INC, N-30D, 2000-03-03
Next: SPIRIT OF AMERICA INVESTMENT FUND INC, 497J, 2000-03-03



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D

                                Amendment No. 11

                    Under the Securities Exchange Act of 1934

                           Champps Entertainment, Inc.
                    -----------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
- -------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   909 15K 100
                    -----------------------------------------
                                 (CUSIP Number)

                                  John Zoraian
                           c/o Atticus Capital L.L.C.
                         590 Madison Avenue, 32nd Floor
                            New York, New York 10022
                                 (212) 829-8100
- -------------------------------------------------------------------------------
       (Name, Address and Telephone Number of Person Authorized to Receive
                           Notices and Communications)

                                  March 1, 2000
- -------------------------------------------------------------------------------
             (Date of Event which Requires Filing of this Statement)

- -------------------------------------------------------------------------------
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box |_|

Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).





                                Page 1 of 8 Pages

<PAGE>



                                  SCHEDULE 13D
- ----------------------                                        -----------------
 CUSIP No. 909 15K 100                                        Page 2 of 8 Pages
- ----------------------                                        -----------------

- -------------------------------------------------------------------------------
  1  NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
     PERSON
     Timothy R. Barakett
- -------------------------------------------------------------------------------
  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (a) |_|
                                                                       (b) |_|
- -------------------------------------------------------------------------------
  3  SEC USE ONLY
- -------------------------------------------------------------------------------
  4  SOURCE OF FUNDS*
     WC
- -------------------------------------------------------------------------------
  5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
     ITEMS 2(d) or 2(e)                                                    |_|
- -------------------------------------------------------------------------------
  6  CITIZENSHIP OR PLACE OF ORGANIZATION
     Canada
- -------------------------------------------------------------------------------
    NUMBER OF     7    SOLE VOTING POWER

     SHARES            -0-
                  -------------------------------------------------------------
   BENEFICIALLY   8    SHARED VOTING POWER

    OWNED BY           2,242,706
                  -------------------------------------------------------------
      EACH        9    SOLE DISPOSITIVE POWER

    REPORTING          -0-
                  -------------------------------------------------------------
      PERSON      10   SHARED DISPOSITIVE POWER

       WITH            2,242,706
- -------------------------------------------------------------------------------
 11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     2,242,706
- -------------------------------------------------------------------------------
 12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*|_|
- -------------------------------------------------------------------------------
 13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     19.2%
- -------------------------------------------------------------------------------
 14  TYPE OF REPORTING PERSON*
     IN
- -------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>







                                  SCHEDULE 13D
- ----------------------                                        -----------------
 CUSIP No. 909 15K 100                                        Page 3 of 8 Pages
- ----------------------                                        -----------------

- -------------------------------------------------------------------------------
  1  NAME OF REPORTING PERSON
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     Atticus Qualified Partners, L.P.
- -------------------------------------------------------------------------------
  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                (a)  |_|
                                                                      (b)  |_|
- -------------------------------------------------------------------------------
  3  SEC USE ONLY
- -------------------------------------------------------------------------------
  4  SOURCE OF FUNDS*
     WC
- -------------------------------------------------------------------------------
  5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
     ITEMS 2(d) or 2(e)                                                    |_|
- -------------------------------------------------------------------------------
  6  CITIZENSHIP OR PLACE OF ORGANIZATION
     Delaware
- -------------------------------------------------------------------------------
      NUMBER OF   7    SOLE VOTING POWER

      SHARES           -0-
                  -------------------------------------------------------------
    BENEFICIALLY  8    SHARED VOTING POWER

     OWNED BY          661,796
                  -------------------------------------------------------------
       EACH       9    SOLE DISPOSITIVE POWER

     REPORTING         -0-
                  -------------------------------------------------------------
      PERSON      10   SHARED DISPOSITIVE POWER

       WITH            661,796
- -------------------------------------------------------------------------------
 11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     661,796
- -------------------------------------------------------------------------------
 12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* |_|
- -------------------------------------------------------------------------------
 13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     5.7%
- -------------------------------------------------------------------------------
 14  TYPE OF REPORTING PERSON*
     PN
- -------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!


<PAGE>

                                  SCHEDULE 13D
 CUSIP NO. 909 15K 100                                        Page 4 of 8 Pages

              The purpose of this Amendment No. 11 is to report that the
Reporting Person has acquired shares of common stock, par value $.01 of Champps
Entertainment, Inc. for investment purposes and may or may not continue to
acquire additional shares of Champps Entertainment, Inc. common stock.

Item 1.       Security and Issuer.
              -------------------
                  No change.

Item 2.       Identity and Background.
              -----------------------
                  No change.

Item 3.       Source and Amount of Funds or Other Consideration.
              -------------------------------------------------
                  Item 3 is amended by replacing the current response with the
following paragraph:

                  "As of the date hereof, Mr. Barakett is deemed to beneficially
own 2,242,706 shares of Common Stock and Atticus Qualified Partners, L.P. is
deemed to beneficially own 661,796 shares of Common Stock. All 2,242,706 shares
of Common Stock deemed to be owned by Mr. Barakett are held by either the
Partnerships, the Fund or the managed accounts. The aggregate purchase price for
all the shares of Common Stock of the Issuer that Mr. Barakett is currently
deemed to beneficially own is $13,701,228.59. The aggregate purchase price for
all the shares of Common Stock of the Issuer that Atticus Qualified Partners,
L.P. is currently deemed to beneficially own is $4,344,337.66. The funds for the
purchase of the shares of Common Stock held in the Partnerships, the Fund or the
managed accounts have come from the working capital of the Partnerships, the
Fund or the managed accounts. The working capital of these entities includes the
proceeds of margin loans entered into in the ordinary course of business with
Morgan Stanley Dean Witter & Co., such loans being secured by the securities
owned by them."

Item 4.       Purpose of Transaction.
              ----------------------
                  No change.


<PAGE>

 CUSIP NO. 909 15K 100             SCHEDULE 13D               Page 5 of 8 Pages


Item 5.       Interest in Securities of the Issuer.
              ------------------------------------
                  Item 5 is amended by replacing the current response with the
following paragraph:

                  "Based on the Issuer's most recent filing on Form 10-Q, as of
February 15, 1999 there were 11,654,750 shares of Common Stock outstanding.
Therefore, Mr. Barakett may be deemed to beneficially own 19.2% of the
outstanding shares of Common Stock and Atticus Qualified Partners, L.P. may be
deemed to own 5.7% of the outstanding shares of Common Stock. Neither Atticus
Partners nor any of the managed accounts by itself owns greater than 5% of the
outstanding shares of Common Stock. Mr. Barakett and Atticus Qualified Partners,
L.P. have the power to vote, direct the vote, dispose of or direct the
disposition of all the shares of Common Stock that they are deemed to
beneficially own. All transactions in the shares of Common Stock effected by Mr.
Barakett since the most recent filing on Schedule 13D were effected in
open-market transactions and are set forth in Exhibit B hereto."

Item 6.       Contracts, Arrangements, Understandings or Relationships with
              --------------------------------------------------------------
              Respect to Securities of the Issuer.
              ------------------------------------
                  No change.

Item 7.       Material to be Filed as Exhibits.
              ---------------------------------
                  Item 7 is amended and supplemented by adding the following at
the end of the current response:

                  Exhibit A:  Joint Filing agreement.

                  Exhibit B:  As described in Item 5.


<PAGE>


CUSIP NO. 909 15K 100              SCHEDULE 13D               Page 6 of 8 Pages


                                   SIGNATURE
                                   ---------

                  After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.



Dated:  March 3, 2000                   /s/ Timothy Barakett
                                        ------------------------------
                                        Timothy R. Barakett

Dated:  March 3, 2000                   By: ATTICUS QUALIFIED PARTNERS, L.P.
                                            Manager

                                        By:  /s/ Timothy Barakett
                                           ---------------------------
                                             Timothy R. Barakett


<PAGE>


CUSIP NO. 909 15K 100              SCHEDULE 13 D              Page 7 of 8 Pages

                                                                  Exhibit A



                                    AGREEMENT

                  The undersigned agree that this Amendment to Schedule 13D
dated March 3, 2000 relating to the Common Stock of Champps Entertainment, Inc.
shall be filed on behalf of the undersigned.



                                         /s/ Timothy R. Barakett
                                         -----------------------------
                                         Timothy R. Barakett


                                         ATTICUS QUALIFIED PARTNERS, L.P.

                                         By:  /s/ Timothy Barakett
                                         -----------------------------
                                         Timothy R. Barakett,
                                         Managing Member of Atticus Holdings,
                                         L.L.C., General Partner of Atticus
                                         Qualified Partners, L.P.


<PAGE>


CUSIP NO. 909 15K 100              SCHEDULE 13D               Page 8 of 8 Pages

                                                                  Exhibit B



                 SCHEDULE OF TRANSACTIONS - TIMOTHY R. BARAKETT



Date              Shares Purchased or (Sold)      Price Per Share
- ----              -------------------------       ---------------

2/18/00                13,000                      $3.96

2/22/00                 8,000                      $4.00

2/23/00                 4,600                      $4.00

2/29/00                13,000                      $3.97

3/1/00                 12,000                      $4.00





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission