UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________________________________
 
FORM 8-K
__________________________________________
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) September 2, 2008
 
 
Shells Seafood Restaurants, Inc. 

(Exact Name of Registrant as Specified in its Charter)
 
        Delaware        
 
        0-28258       
 
        65-0427966        
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
16313 N. Dale Mabry Hwy, Suite 100, Tampa, FL
 
 33618
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code:  
(813) 961-0944
 
 
Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))


 
ITEM 1.03 Bankruptcy or Receivership

On September 2, 2008, Shells Seafood Restaurants, Inc (the “Company”) filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Middle District of Florida, Tampa Division (the “Bankruptcy Court”) (Case Nos. 8:08-bk-13440-cpm). The Company will continue to manage and operate its businesses as “debtor-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date: September 3, 2008
SHELLS SEAFOOD RESTAURANTS, INC.
     
     
  
By:
/s/ Marc Bernstein
  
Name:
Marc Bernstein
  
Title:
Chief Executive Officer
 
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