Administration
Glasgow’s Lorne hotel sold out of administration
Glasgow’s Lorne hotel has been sold out of administration to PL Glasgow Limited.
Pandemic pushes Glenburn hotel into administration
Administrators have been appointed to the Glenburn hotel in Rothesay on the Isle of Bute after the impact of the pandemic led to unsustainable cash flow problems for the business.
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[...]
Partners Group paid £55m for Côte Restaurants
Private equity firm Partners Group acquired Cote Restaurants out of administration for £55m, according to administrator's[...]
Pre-pack administration sales set for closer scrutiny
Pre-pack administration sales are set for closer scrutiny under new laws announced today.
Casual Dining Group bought out of administration for £18m
Epris has bought Casual Dining Group’s remaining estate of 150 restaurants out of administration for a[...]
Chilango bought out of administration in deal that will save 130 jobs
Mexican restaurant chain Chilango has been bought out of administration in a deal that will see 10 of its 11 restaurants continue to trade, saving around 130 jobs. "
Byron sold out of administration for £4m
Byron was sold out of administration for £4m in a prepack sale, which will see two London sites reopen tomorrow (Thursday 27 August).
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 £109.5m, documents filed with Companies House have revealed.
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[...]
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 part of a pre-pack administration, securing more than 200 jobs and the future of the brand in the UK.
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