Stokes creditors vote to accept huge haircut on debts

Couple behind the Unicorn restaurant have been on the cusp of bankruptcy for more than a year

Jeff Stokes

Creditors of boomtime restaurateurs Jeff Stokes and Pia Bang Stokes have voted overwhelmingly to accept a massive haircut on the couple’s multimillion-euro debts.

Formerly behind the well-known restaurant The Unicorn on Merrion Row in Dublin and now in their 70s, the Stokes have been on the cusp of bankruptcy for more than a year with debts of over €12 million.

At a meeting held by insolvency practitioner Michael McAteer of Grant Thornton last ...