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Companies Behind Two Dylan McGrath-Co-Owned Dublin Restaurants Seeking To Restructure Debts

By Dave Simpson

Prime Steak and Home RBVR, which are the companies behind Dublin restaurants Rustic Stone and Brasserie Sixty6, respectively, and are co-owned by chef Dylan McGrath, are seeking to restructure their debts under the Small Companies Administration Process (Scarp), according to The Irish Times.

Process Advisor

As reported by The Irish Times, Baker Tilly partner and insolvency expert Neil Hughes has been appointed as the process advisor under Scarp for both companies, and he will work out a rescue plan for the firms, which may involve writing down debts that creditors who will have to vote on the agreement's final terms are owed.

Continuing To Operate

Both Brasserie Sixty6 and Rustic Stone are continuing to operate, according to The Irish Times.

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© 2022 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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