Dentons is advising Zolfo Cooper in connection with its appointment as administrator to Bramwell Pubs and Bars Limited ('the Group'). Peter Saville, Kevin Coates and Anne O’Keefe of Zolfo Cooper were appointed Joint Administrators on 31 October 2013. The Group operates 185 pubs and bars across the UK and employs approximately 3,300 staff across all sites.
The Joint Administrators were appointed as a result of the Group experiencing cash flow problems arising from the current challenging economic environment. Following the appointment, the Joint Administrators will continue to trade the majority of the estate while exploring a range of options including the sale of parts of the business as a going concern.
The Dentons team is led by partner Byron Nurse from the Restructuring and Insolvency Group, supported by partners Zoe Thirlwell, Jason Sheard and Michael Bronstein and a multi-disciplinary team in London and Milton Keynes.
Commenting on the appointment Byron Nurse said, "We are delighted to work alongside the administrators seeking to save as many jobs as possible and to achieve the best possible outcome for all stakeholders."