Town Bar & Grill seeking funds from new investor

The owners of Town Bar & Grill, an award-winning Dublin restaurant, hope to save their business by closing a loss making sister restaurant and securing funds from a new investor.

Ian Kehoe - avatar

Ian Kehoe

13th June, 2009

The owners of Town Bar & Grill, an award-winning Dublin restaurant, hope to save their business by closing a loss making sister restaurant and securing funds from a new investor.

Many suppliers have expressed concerns about whether they will be paid after the restaurant petitioned the High Court for bankruptcy protection from its creditors.

Seven suppliers have instigated or threatened proceedings against Rotem, the holding company behind the restaurant. The company is insolvent and has...

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