All Corbin & King articles – Page 2
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News
Jeremy King loses control of Corbin & King
The respected restaurateur said investor and rival Minor International had made the winning bid for the portfolio in the early hours of the morning. He said it remained to be seen how the transition would be effected, but that he assumed Minor would take control of the restaurants
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News
Minor International prepares action against Jeremy King
Sky News reports Thai-based Minor is bringing two legal cases in the battle for control over Corbin & King
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News
Corbin & King wins £4.4m insurance case
The restaurant group has won its High Court case against Axa, which had refused to pay out for the losses incurred by the business during the lockdowns of 2020
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Weekend Press
Jeremy King: The gentleman restaurateur locked in a boardroom battle
The founder of The Wolseley has been at loggerheads with financiers before, writes the Financial Times
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News
Corbin & King fights off High Court challenge
MI Squared – a subsidiary of the restaurant group’s largest shareholder Minor International – had sought to block the business from repaying a £34m debt to its Thai backer, after Minor called it in
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News
American fund Knighthead lodges fresh bid to join Wolseley’s top table
The US-based fund is trying to break an impasse over the future of some of Corbin & King by tabling a fresh offer to extract it from insolvency proceedings, Sky News reports
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News
Richard Caring in bun fight for control of the Wolseley
The billionaire is eyeing up a bid for the celebrities’ favourite restaurant, The Times reports
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News
Wolseley owner Corbin & King lands in the soup as investor battles for control
In the Corbin & King saga, culinary art has clashed with commerce, The Sunday Times reports
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Analysis & Insight
Corbin & King: The extraordinary public row with its majority investor
As Minor International forces The Wolseley operator into administration over unpaid debts, MCA examines the background to the bitter row
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News
Knighthead tables £38m rescue deal for Corbin & King
The US fund has reportedly told administrators to Corbin & King it is prepared to refinance all outstanding loans owed to majority investor Minor International
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News
Corbin & King placed into administration by majority investor Minor International
The Thailand-based investor said the restaurant group was insolvent, but CEO Jeremy King accused Minor of a power play to seize control of the holding company
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News
Corbin & King in talks with Knighthead
The Wolseley operator is understood to be seeking new backing from the US-based fund following a dispute with its majority shareholder, Minor Hotels, Sky News reports
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Weekend Press
Corbin & King battles biggest investor
The owner of The Wolseley has filed a motion in the High Court to stop its majority owner, Minor Hotels, calling in a £35 million loan, which would have forced the company into insolvency, reports The Sunday Times
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News
Corbin & King heads for High Court in insurance face-off
The Wolseley operator is in a £4.5m dispute with Axa over a business interruption claim
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News
Corbin & King: Life is easier with 100% control
Co-founder and CEO Jeremy King has spoken of the difficult relationship with his investors, saying life was “utopian” when he had control over his own restaurant group.
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Interviews
Jeremy King: ‘For things to remain the same, everything must change’
Hospitality sage Jeremy King evoked Italian literary classic The Leopard at last week’s Restaurant Conference, as he urged the industry to be less resistant to change
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News
Corbin & King reportedly considering new backers
The restaurant group behind The Wolseley is understood to be in talks with other parties after disagreeing with Thailand-based Minor Hotels on the investment strategy for its restaurants.
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News
Corbin & King sees trade return to 2019 levels
Corbin & King has seen trade pick up in the last four or five weeks with sales returning to at least 2019 levels, despite reduced site capacity, according to the company’s co-founder Jeremy King.
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News
Sustainability is on the agenda at MCA’s Restaurant Conference
Pizza Hut Restaurants, Burger King UK and Darwin & Wallace will take part in a special panel on sustainability with Zero Carbon Forum.
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News
Venues struggling to stay afloat amid staff exodus
Hospitality leaders have warned the prime minster that the sector is “close to imploding” under the strain of labour shortages.
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