DLA Piper and Salans have played key roles in a last-minute rescue of Little Chef, but insolvency lawyers have played down claims that the deal marks the beginning of the long-heralded revival in restructuring work.
January 10, 2007 at 07:13 PM
1 minute read
The original version of this story was published on Legalweek
DLA Piper and Salans have played key roles in a last-minute rescue of Little Chef, but insolvency lawyers have played down claims that the deal marks the beginning of the long-heralded revival in restructuring work.
The People’s Restaurant Group – the owner of the ailing roadside restaurant chain – last week (3 January) went into administration, but announced that it had agreed a deal that would keep the majority of the business running.
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