Legal

New Pret A Manger owner JAB raising 5 billion euros for fund

The investment company is also the owner of Panera Bread and Krispy Kreme.

EAT. closes a handful of sites, decides against CVA

The chain approached landlords for individual negotiations.

Whitbread now open to selling Costa Coffee

The hospitality company originally planned to spin-off the coffee business.

Rosa's Thai Café acquired by private equity firm TriSpan

The restaurant group currently has 13 sites with three new openings scheduled this year. Private equity firm TriSpan, through its Rising Stars...

Carluccio's announces creditors' support for CVA proposal

The Italian brand is now set to close ‘lossmaking’ sites in a effort to restructure the group. Carluccio’s announced that their proposal to enter a...

Pret A Manger to be owned by global investment firm JAB

The purchased sandwich and coffee brand currently operates 530 stores worldwide.

Landlords to fight back against use of CVAs by retailers, chains

This is in response to a growing list of such proposals by companies.

Italian restaurant chain Carluccio's announces intention to enter landlord-only CVA

The brand intends to restructure by facilitating the exit of lossmaking sites. After reviewing their business strategy, Carluccio’s announced its...

Pret responds to Advertising Standards Authority's decision

Pret said it has taken the views of the ASA and has made the requested changes.

Activist investor acquires major stake in Whitbread

Elliott Advisors is likely to push for the spin-off of Costa as it now holds the largest share in Whitbread.

TGI Fridays faces first strike ballots over payment breaches

Trade union Unite announced that it will be balloting workers in two branches.

UKHospitality provides interim guidance on new acrylamide legislation

It aims to help catering businesses identify and implement measures to reduce acrylamide levels in food.

Deliveroo to appeal against ruling to discontinue its dark kitchen

It has also been ordered to remove the “external extraction, ventilation and refrigeration plant, machinery and ductwork”.

Creditors approve company voluntary arrangement for Prezzo

Prezzo has announced its creditors have overwhelmingly supported the Company Voluntary Arrangement.

DP Eurasia's system sales soar 32.8%

The Group revenue surged 40.3% driven by both like‐for‐like growth and store openings.