Administration
Wake-up call: how to overcome new hurdles in pre-pack administrations
New regulations and written reports will add a layer of administration and could endanger a speedy sale, say Tim Carter and Helen Martin.
Partners Group paid £55m for Côte Restaurants
Private equity firm Partners Group acquired Cote Restaurants out of administration for £55m, according to administrator's proposals filed with Companies House.
Pre-pack administration sales set for closer scrutiny
Casual Dining Group bought out of administration for £18m
Chilango bought out of administration in deal that will save 130 jobs
Byron sold out of administration for £4m
TowerBrook Capital Partners purchased Zizzi and ASK Italian owner in £109m deal
TowerBrook Capital Partners purchased Zizzi and ASK Italian owner the Azzurri Group in a deal worth[...]
Casual Dining Group bought out of administration and rebranded as the Big Table
Casual Dining Group has been bought out of administration by private equity firm Epiris in a[...]
Byron sold out of administration in deal that will see 31 sites close
Burger chain Byron has been sold out of administration in a deal that will see 20[...]
Chilango to appoint administrators
Chilango, the Mexican restaurant chain with 12 sites principally in London, has announced it intends to[...]
Zizzi and Ask Italian owner Azzurri Group sold in deal resulting in 75 closures and 1,200 job losses
Zizzi and Ask Italian owner the Azzurri Group has been sold out of administration to TowerBrook Capital Partners in a deal that will see 75 sites closed with around 1,200 jobs lost. "
Former Jamie's Italian employees awarded eight weeks' pay by employment tribunal
Former Jamie’s Italian employees have been awarded eight weeks' pay after an employment tribunal found the company had failed to carry out a full consultation prior to their redundancies.
Pre-pack administration of Bistrot Pierre saves 682 jobs
French casual dining group Bistrot Pierre has been bought out of administration in a pe-pack sale that will save 682 jobs.
Four Vapiano sites sold through pre-pack administration
Four Vapiano sites of the pizza and pasta brand’s seven UK locations have been sold as[...]
Byron reportedly heading to administration as it eyes sale
Burger brand Byron has reportedly filed a notice of intention to appoint administers as it negotiates[...]
Intu administration could spell further uncertainty for F&B operators
Shopping centre owner Intu has fallen into administration after restructuring talks with lenders fell apart.
Administrators appointed to Croydon Park hotel
The Croydon Park hotel in London has fallen into administration due to the impact of Covid-19,[...]
Boparan pays £3.4m for Carluccio’s portfolio of 31 sites
Giraffe and Ed's Easy Diner operator Boparan paid £3.4m for a portfolio of 31 Carluccio’s sites. "
Pub group 16 Hospitality falls into administration
Pub group 16 Hospitality, which owns and operates four pubs across Cheshire and Anglesey, has fallen into administration.
Signature Living’s Belfast George Best hotel falls into administration
Further Signature Living companies have fallen into administration, including its George Best hotel in Belfast, which was due to open this summer.
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