Davis Polk & Wardwell LLP advised Ruby Tuesday, Inc. in connection with a primary offering of common shares for an aggregate amount of approximately $77.6 million. The common stock is listed on the NYSE under the symbol “RT.”

Based in Maryville, Tennessee, Ruby Tuesday, Inc. has company-owned and franchise Ruby Tuesday casual dining brand restaurants in 46 states, the District of Columbia, Puerto Rico, Guam and 13 foreign countries.

The Davis Polk corporate team included partner Richard A. Drucker and associates Jean Weng, Kevin Williams and Sonal Jain and summer associate David Zhou. Partner William H. Weigel and associate Alexander B. Patterson provided tax advice. Associate Catherine L. Martin provided 1940 Act advice. Natalie Chan was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.