Skip to main content

Las Vegan Buys Elephant Bar Restaurant Chain out of Bankruptcy

Submitted by jhartgen@abi.org on

Las Vegas restaurateur Billy Richardson has acquired the Elephant Bar chain out of bankruptcy, the Las Vegas Review-Journal reported. Richardson, founder of Gen3 Hospitality, operates The Barrymore, Flour & Barley, Haute Doggery and other restaurants. His latest addition has a location at The District at Green Valley Ranch in Henderson, along with one in New Mexico and five in California. Elephant Bar filed for chapter 11 protection in October 2017 in U.S. Bankruptcy Court in Las Vegas. The chain also went bankrupt in 2014, albeit under different owners, and its restaurant tally shrank drastically in recent years. Richardson completed the purchase about a month ago. His group did not disclose the terms.