FDD Items 3 & 4 · 2026 filing

Altitude Trampoline Park litigation history

What Altitude Trampoline Park disclosed about lawsuits, arbitrations and bankruptcy in the 2026 Franchise Disclosure Document. Item 3 lists the material legal actions a franchisor must report; Item 4 covers bankruptcy. This is the franchisor's own disclosure, not a court record, and not legal advice.

Items 3 (litigation) & 4 (bankruptcy) at a glance

What the filing discloses

Cases disclosed: 8; Item 3, as counted in the filing

Largest settlement, franchisor's own cases: $1.1M; As stated in Item 3

Bankruptcy (Item 4): Disclosed · an officer; Franchisor, parent, predecessor or officer

Filing year: 2026; Disclosures cover the prior ten years

Extracted from the 2026 Franchise Disclosure Document

Item 3: litigation

Three personal injury lawsuits from New Jersey franchised Park alleging negligence and consumer fraud; one franchisee arbitration (Bedrock) stayed by agreement; concluded cases include predecessor-related disputes (ATPH v. Skallerup/Rutten settled Dec 2021, Jim Kamp settled $200K, Bump It Up settled $1.075M, Pruitt settled $10K)

Item 3 (litigation) · 8 matters disclosed · 4 pending listed

Litigation cases

The franchisor and its predecessor

Pending (4)

Bedrock Property Solutions, LLC v. Altitude Franchising, LLC; SR Franchising, LLC; ATP Franchising, LLC
pending
Brought by a franchisee · filed 2024-01-03 · American Arbitration Association (related N.D. Tex. suit and AAA demand) · AAA 01-24-0000-0279; 4:23-cv-01026-O; AAA 01-23-0004-4093
“… American Arbitration Association, Case No. 01-24-0000-0279, filed January 3, 2024.”Page 12 of the 2026 FDD, Item 3
Eliana Lozano and Lincon Frost v. Altitude NJ, LLC d/b/a Altitude Trampoline Park, ATP Operations, LLC, ATP Franchising, LLC, et al.
pending
Brought by the franchisor · filed 2024-03-18 · Superior Court of New Jersey, Middlesex County · MID-L-001714-24
“Eliana Lozano and Lincon Frost v. Altitude NJ, LLC D/B/A Altitude Trampoline Park, ATP Operations, LLC, ATP Franchising, LLC, Fun Spot Manufacturing LLC, ABEO North America, Inc., and John Does 1-5, Superior Court of New Jersey, Middlesex County, New Jersey, Case No. MID-L-001714-24, filed March 18, 2024.”Page 12 of the 2026 FDD, Item 3
Felicia Perez v. Altitude NJ, LLC d/b/a Altitude Trampoline Park; ATP Operations, LLC; ATP Franchising, LLC; et al.
pending
Brought by the franchisor · filed 2023-11-02 · Superior Court of New Jersey, Middlesex County · MID-L-006210-23
“Felicia Perez v. Altitude NJ, LLC d/b/a Altitude Trampoline Park; ATP Operations, LLC; ATP Franchising, LLC; Fun Spot Manufacturing LLC;”Page 12 of the 2026 FDD, Item 3
Rebecca White-Baker, ex rel. Elizabeth Hawkins v. Altitude NJ, LLC d/b/a Altitude Trampoline Park; ATP Operations, LLC; ATP Franchising, LLC; et al.
pending
Brought by the franchisor · filed 2023-11-02 · Superior Court of New Jersey, Middlesex County · MID-L-006212-23
“Rebecca White-Baker, ex rel. Elizabeth Hawkins v. Altitude NJ, LLC d/b/a Altitude Trampoline Park; ATP Operations, LLC; ATP Franchising, LLC;”Page 11 of the 2026 FDD, Item 3

Concluded (4)

ATP Holding Company, LLC v. Curtis Skallerup, Jeffrey A. Rutten, SR Franchising, LLC f/k/a Altitude Franchising, LLC, et al.; and the Predecessor Parties' counter-suit v. ATP Holding Company, LLC
settled
SR Franchising, LLC f/k/a Altitude Franchising, LLC and related Predecessor Parties · filed 2020-05-11 · Superior Court of Delaware; Court of Chancery of the State of Delaware · N20C-05-098 MMJ CCLD; 2020-0582
“ATP Holding Company, LLC v. Curtis Skallerup, Jeffrey A. Rutten, SR Franchising, LLC f/k/a Altitude Franchising, LLC, SR Management 2018, LLC f/k/a L&A Altitude Management LLC, Spike Apparel, LLC, SR Metal, LLC f/k/a ATP Metal, LLC, J&C IP, INC., SR IP, LLC”Page 13 of the 2026 FDD, Item 3
William Pruitt v. Gastonia ATP, LLC d/b/a Altitude Trampoline Park, ATP Alpha, LLC, Tim Kurtz, Altitude Franchising, LLC, ATP Franchising, LLC, et al.
settled
Brought against a franchisee · filed 2020-12-01 · Superior Court, Gaston County, North Carolina · 20-CVS-4241
“William Pruitt v. Gastonia ATP, LLC d/b/a Altitude Trampoline Park, ATP Alpha, LLC, Tim Kurtz, Altitude Franchising, LLC, ATP Franchising, LLC, SR Franchising, LLC, ATP Holding Company, LLC, ATP Investment Company, LLC, NRD Partners II, L.P., SR Management”Page 14 of the 2026 FDD, Item 3
Outcome: “the parties reached a global settlement agreement in principle whereby ATPH agreed to pay $10,000.00, and plaintiff agreed to dismiss all claims with prejudice.” (page 15)
Bump It Up, LLC v. SR Park Enterprises, LLC, SR Franchising, LLC f/k/a Altitude Franchising, LLC, et al.
settled
Brought by a franchisee · SR Franchising, LLC f/k/a Altitude Franchising, LLC (Predecessor) · filed 2018-09-17 · District Court, Tarrant County, Texas · 067-302989-18
“Bump It Up, LLC v. SR Park Enterprises, LLC, f/k/a Vertical Trampoline Park Enterprises, LLC and d/b/a/ Altitude Trampoline Parks;”Page 14 of the 2026 FDD, Item 3
Outcome: “our Predecessors were required to pay BIU a settlement amount of $1,075,000, and BIU executed an amendment to its license agreement which terminated and relinquished any right of first refusal it may had, and to further limit the geographic scope of its protected territory.”
Jim Kamp v. SR Park Enterprises, LLC f/k/a Vertical Trampoline Park Enterprises, LLC; SR Franchising, LLC f/k/a Altitude Franchising, LLC; J&C IP, Inc.; and Curtis Skallerup
settled
SR Franchising, LLC f/k/a Altitude Franchising, LLC (Predecessor) · filed 2018-09-11 · District Court, Tarrant County, Texas · 017-302814-18
“Jim Kamp v. SR Park Enterprises, LLC f/k/a Vertical Trampoline Park Enterprises, LLC and d/b/a Altitude Trampoline Parks;”Page 13 of the 2026 FDD, Item 3
Outcome: “which required our Predecessors to pay a settlement amount of $200,000 to Mr. Kamp, and Mr. Kamp executed an amendment to his license agreement which terminated and relinquished any right of first refusal he may have had, and under which Mr. Kamp would be entitled to certain assistance in finding a potential buyer to purchase his existing Park.” (page 14)

Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.

Disclosed in the 2026 Franchise Disclosure Document

Item 4: bankruptcy

Ruby Tuesday, Inc. filed Chapter 11 bankruptcy October 7, 2020; Aziz Hashim (Chairman of parent ATPH Board) was an officer of Ruby Tuesday at time of filing; case closed December 10, 2021

Disclosure signals that moved the score

How this shows up in the verdict

Multiple active personal injury lawsuits and pending arbitration indicate systemic liability exposure and potential operational/safety issues
Litigation history includes fraud allegations and misrepresentation claims, raising concerns about franchisor transparency and agent practices

The verdict grade is FranchiseVerdict's editorial assessment across SBA loan performance, unit growth, revenue and disclosure signals. It is not investment advice.

Before you weigh a lawsuit

How to read Item 3

A franchisor must disclose pending actions and any material civil action involving the franchise relationship, plus convictions or civil judgments for fraud, unfair or deceptive practices, or franchise-law violations, going back ten years. A case the franchisor brought against a franchisee counts too. Item 3 does not include every dispute: settled claims below the materiality line and matters resolved in private arbitration can be absent.

Questions worth asking current and former franchisees, using the contact list in Item 20:

Were you, or anyone you know in the system, party to a dispute with the franchisor?
Was it resolved by settlement, arbitration or a court, and on what terms?
Has the number of disputes gone up or down since you signed?

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