03/07/2020
Monday saw the approval of the proposed Company Voluntary Arrangement (CVA) of The Restaurant Group (UK) Limited by its creditors and shareholders.
More than 82% of all creditors voted in favour of the proposal, giving clear support to the managements' plan to take a large cut through the company's leisure estate.
Graeme Bunn, Managing Director, looks at the challenges and opportunities with the leisure park restaurant sector as an unpresented number of units become vacant.
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