The founder of Minnesota Steakhouse, Doron Jensen, changed the name to Timber Lodge in 1995 to make it more marketable in other areas of the country.

Bob Campbell, who was part of the previous ownership group that consisted of 10 local investors, said it was a good deal.

"I think it's a very positive change for Timber Lodge, our employees and our customers, and in the long run for our vendors and everyone else involved," he said.

As a result of the closings, a judge levied a $3.57 million judgment against Timber Lodge for not fulfilling its leases.

Owner Bruce Taher cited lack of customer parking, high rent, and the restaurant's large footprint as reasons for the closing.