BARAKETT TIMOTHY R
SC 13D/A, 2000-12-27
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              (AMENDMENT NO. 19 )*
                                     -------

                           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
--------------------------------------------------------------------------------
           (Name, Address and Telephone Number of Person Authorized to
                       Receive Notices and Communications)

                                December 20, 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 that is the subject of this schedule 13D, and is filing this
schedule because of Sections 240.13d-1(e), 240.13d-1(f) or 240.13d-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 Section 240.13d-7 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).





Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.

 SEC 1746 (2-98)

<PAGE>   2

<TABLE>
<S>                                                                                                  <C>
CUSIP No. 909 15K 100
          -----------------
----------------------------------------------------------------------------------------------------------
       1.      Name Of Reporting Persons
               S.S. Or I.R.S. Identification Nos. of above persons (entities only).

               Timothy R. Barakett
----------------------------------------------------------------------------------------------------------

       2.      Check The Appropriate Box If a Member of a Group (See Instructions)
                    (a)
                    (b)
----------------------------------------------------------------------------------------------------------
       3.      SEC Use Only
----------------------------------------------------------------------------------------------------------
       4.      Source of Funds (See
               Instructions)                 WC
----------------------------------------------------------------------------------------------------------
       5.      Check 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  3,048,606
 Shares Bene-  ---------------------------------------------------------------------------------------------
  fically by   8.  Shared Voting Power  0
Owned by Each  ---------------------------------------------------------------------------------------------
   Reporting   9.  Sole Dispositive Power  3,048,606
  Person With  ---------------------------------------------------------------------------------------------
               10. Shared Dispositive Power  0
------------------------------------------------------------------------------------------------------------
      11.      Aggregate Amount Beneficially Owned by Each Reporting Person      3,048,606
------------------------------------------------------------------------------------------------------------
      12.      Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
------------------------------------------------------------------------------------------------------------
      13.      Percent of Class Represented by Amount in Row (11)  25.7%
------------------------------------------------------------------------------------------------------------
      14.      Type of Reporting Person (See Instructions)
------------------------------------------------------------------------------------------------------------
               ---------------------------------------------------------------------------------------------
               IN
               ---------------------------------------------------------------------------------------------

               ---------------------------------------------------------------------------------------------

               ---------------------------------------------------------------------------------------------

               ---------------------------------------------------------------------------------------------
</TABLE>
<PAGE>   3


The purpose of this Amendment No. 19 is to report an increase in Timothy R.
Barakett's beneficial ownership of the security of Champps Entertainment, Inc.
as described below. This Amendment No. 19 amends the original Schedule 13D as
amended and restated in its entirety by Amendment No. 18 thereto.


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
        3,048,606 Shares. With the exception of 5,000 options to purchase Shares
        at an exercise price of $4.00 per share (the "Options"), all 3,048,606
        Shares deemed to be owned by Mr. Barakett are held by either the Funds
        or the Accounts over which Mr. Barakett has investment discretion. The
        aggregate purchase price for all the Shares that Mr. Barakett is
        currently deemed to beneficially own is $19,739,564.64. The funds for
        the purchase of the Shares held by the Funds or the Accounts
        beneficially owned by Mr. Barakett have come from the working capital of
        the Funds or the 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.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

        Item 5 is amended by replacing the current response with the following
paragraph:

        "(a), (b) and (c) Based on the Issuer's most recent filing on Form 10-Q
        dated November 15, 2000, as of November 6, 2000 there were 11,871,527
        Shares outstanding. Mr. Barakett owns the Options, which are deemed to
        be outstanding for the purposes of this Amendment No. 19. Therefore, Mr.
        Barakett may be deemed to beneficially own 25.7% of the outstanding
        Shares. Mr. Barakett has the power to vote, direct the vote, dispose of
        or direct the disposition of all the Shares that he is deemed to
        beneficially own. Although there are individual Funds or Accounts such
        as Dred, Ltd. ("Dred") and Atticus Global Advisors, Ltd. ("Atticus
        Global"), each an international business corporation organized under the
        laws of the British Virgin Islands, that own greater than 5% of the
        outstanding Shares, they do not have the power to vote, direct the vote,
        dispose of or direct the disposition of the Shares that they own and
        therefore are not deemed to be beneficial owners of the Shares.

        All transactions in the Shares effected by the Funds and Accounts over
        which Mr. Barakett has investment discretion since the last filing on
        Schedule 13D are set forth in Exhibit A-19 hereto.

        (d) Dred, whose Shares are deemed to be beneficially owned by Mr.
        Barakett, has the right to receive or the power to direct the receipt of
        dividends from, or the proceeds from the sale of, 6.4% of the Shares.
        Atticus Global, whose Shares are deemed to be beneficially owned by Mr.
        Barakett, has the right to receive or the power to direct the receipt of
        dividends from, or the proceeds from the sale of, 5.3% of the Shares."

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-19  A description of the transactions in the Shares that
                      were effected by the Reporting Person of this Amendment
                      No. 19 since the filing date of Amendment No. 18 is filed
                      herewith as Exhibit A-19.


<PAGE>   4




                                    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.

Date: December 27, 2000


                                             TIMOTHY R. BARAKETT


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

































                  ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT
                 CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001)



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Last update: 02/22/2000





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