Kluge shuts down Bennigan's, Steak & Ale
Just 13 days after the John Kluge-owned Ponderosa Steakhouse auctioned off all of the assets at its Charlottesville location, Kluge's company Metromedia confirms today that it has shut down all of the company's corporate-owned Bennigan's and Steak & Ale restaurants. Metromedia has filed for Chapter 7 bankruptcy for both of the chains. According to the Chicago Tribune, the move is a sudden one, as Bennigan's managers all received phone calls at midnight last night to shutter the restaurants immediately. Kluge was the richest man in the world in the late 1980s according to Forbes, and lived in the Charlottesville area until 2001, when he moved to Palm Beach, Florida and donated his Albemarle County estate to the University of Virginia.