Ashurst advises Jamie's Italian Limited and The Jamie Oliver Restaurant Group on the buy back of its Australian franchise restaurant businesses
Ashurst has advised Jamie's Italian Limited (JIL) and The Jamie Oliver Restaurant Group (JORG) on the buy back of its six franchise restaurant businesses in Australia from Keystone Group Holdings Pty Ltd (Keystone Group), which entered into administration and receivership in July 2016.
JIL and JORG entered into a sale agreement with Keystone Group acting by its receivers and managers and administrators to buy back the five Jamie's Italian and one Trattoria restaurants operating across Australia for an undisclosed sum.