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Paul Rankin served with bankruptcy papers

05 February 2009 by
Paul Rankin served with bankruptcy papers

Celebrity chef Paul Rankin faces losing his last remaining restaurant, Cayenne in Belfast, according to reports.

The Ready Steady Cook star, who was forced to sell most of his remaining restaurants last year, has been served with bankruptcy papers and is expected to appear before court at the end of this month over unpaid debts.

A spokesman for the chef, who won Northern Ireland's first Michelin star, told the Belfast Telegraph: "Paul and Jeanne Rankin are working with professional advisers to reach an Individual Voluntary Arrangement (IVA) with their creditors in relation to debts as a result of financial difficulties."

"At the end of last year, two of the Rankin cafes were forced to close and the remaining café and brasserie operations sold off. The couple have been working to secure their remaining business, Cayenne Restaurant at Shaftesbury Square, and the IVA arrangement will underpin these efforts."

Belfast Telegraph article in full >>

Newsletter article in full >>

Rankin Group >>
Ready Steady Cook >>
First Rankin franchise opens in Bangor >>
Paul Rankin group launches franchising business >>

By Chris Druce

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