Possible Catastrophe -- The Wolseley in Trouble?
Jan 27th, 2022, 02:56 PM
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Possible Catastrophe -- The Wolseley in Trouble?
Forget all those threads about the royal family squabbles and Prince Andrew's alleged criminal behavior, this is really important: The Wolseley owners are being forced into "administration." What does that mean? Are they able to stay in business and reorganize or what? It's one of my favorite breakfast places. The Delaunay and other restaurants are mentioned, as well.
https://www.ft.com/content/e1438dcf-...4-f1778687e1c9
https://www.ft.com/content/e1438dcf-...4-f1778687e1c9
Jan 27th, 2022, 03:00 PM
#2
Relax 
That article is behind a pay wall but I've read articles with lots of details about this in the Telegraph, the Times and the Guardian.
It is a dispute between Corbin & King and their main investor. No issues re any of their restaurants closing. In short mostly an internal dispute about whether to expand globally or not.
That article is behind a pay wall but I've read articles with lots of details about this in the Telegraph, the Times and the Guardian.It is a dispute between Corbin & King and their main investor. No issues re any of their restaurants closing. In short mostly an internal dispute about whether to expand globally or not.
Jan 27th, 2022, 03:26 PM
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Thanks, Janisj. Apologies, I don't know how I accessed it the first time because I don't subscribe to them. Here's something from The Guardian:
https://www.theguardian.com/business...administration
https://www.theguardian.com/business...administration
