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Full coverage: Restaurants

How an award-winning restaurant group with €27.3 million in debt may yet survive

A mystery investor with “significant experience in the hospitality industry” is eyeing up the debt-laden Cornstore and Coqbull restaurant chains in Cork and Limerick, which applied for urgent court protection on Tuesday.

Francesca Comyn
16th Nov, 2023 - 7 min read

Award-winning Munster restaurant group granted court protection over €27.3m debt

An interim examiner has been appointed to the Cornstore steakhouses in Cork and Limerick and the more casual Coqbull restaurant chain. The move means receivers appointed by a Swedish fund to the insolvent businesses last Friday will be stood down.

Francesca Comyn
14th Nov, 2023 - 2 min read

Founders v investors: SynergySuite shareholders battle over oppression claims

SynergySuite promises to save restaurant chains money and time with its backroom software package. But time and money is now of the essence for the strife-riddled tech firm on the sales block as a $2 million funding deadline looms.

Francesca Comyn
24th Oct, 2023 - 8 min read

Dylan McGrath: “It has been a game of stay alive, work hard, do the right thing”

Dylan McGrath has had to dig deep to hold onto his restaurants in Dublin. The well known chef explains just what it took to keep going and how he is optimistic for the future.

Tom Lyons
15th Sep, 2023 - 4 min read

Dylan McGrath holds onto control of his restaurants as battle between tycoons ends

Chef Dylan McGrath could at one stage have lost control of two prime restaurants in his empire. A legal battle between wealthy businessmen loomed but now peace has broken out.

Tom Lyons
11th Sep, 2023 - 2 min read

Could single table restaurants be the itsy-bitsy future of fine dining?

Spiralling costs, staff shortages and a demand for cosy over coiffed could single table restaurants be the answer for chefs wanting to make a name and a life for themselves?

Rosanna Cooney
1st Jul, 2023 - 6 min read

As Bombay Pantry scraps for its survival, what does the future hold for Ireland’s embattled restaurant sector?

Bombay Pantry, the Indian takeaway food chain that operates six outlets across Dublin and Wicklow, has now sought bankruptcy protection from its creditors, a further sign of the growing strain on the sector. What do insolvency experts say about the future of restaurants?

Ian Kehoe
6th Dec, 2022 - 5 min read

McGrath to plough more funds into restaurant as creditors face haircuts

Shareholders, suppliers and the landlord of Brasserie Sixty6 are among the creditors expected to suffer severe write-downs while co-owner and chef Dylan McGrath is preparing to lend fresh cash to rescue the business.

Tom Lyons
15th Sep, 2022 - 2 min read

An accounting scandal at a UK cafe chain rumbles on. Three years on, how is it doing for its new Irish owners?

Dublin private equity firm Causeway Capital bought Patisserie Valerie out of administration following a collapse that has just seen the UK chain's former auditors fined over £2 million. It has not been an easy ride, but the new owners say they can turn the business around.

Thomas Hubert
28th Sep, 2021 - 5 min read

Chip off the old block: “If you can’t adapt to customer changes, you’re probably not going to be around too long”

Family business Romayo’s has survived three generations, a rebrand, and Covid-19. These events have not hindered the restaurant chain’s growth as it prepares to open eateries in three more locations. Nor is it afraid of the new competition in the takeaway space.

Cait Caden
30th Aug, 2021 - 5 min read
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