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Hogshead and Yates's are now owned by the Town & City Pub
Company, which is based in the same building as the Bay Restaurant Group. This company was established on the same day Tchenguiz, and is the other part of the former Laurel Pub Company, and also owned by Kaupthing. The Town & City Pub
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In
February 2009, Tchenguiz was sued by the Kaupthing bank for an unpaid overdraft of £643m. He was relieved of his involvement with the company by the banks to which he owed debts through an
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Robert
Tchenguiz's R20 bought the company for £151m in November 2004. In June 2005, it bought the Slug and Lettuce and Bar Med chains for £80m when the Surrey-based SFI Group
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chain for £202m, with many becoming Slug and
Lettuce outlets. In February 2006, it sold the Forno Vivo and Santa Fe chains.
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swap, where
Kaupthing became the major shareholder, and the company's debt was reduced by around £150m.
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chain for £123m, but in 2011, La Tasca demerged into a standalone business under La Tasca
Holdings Ltd.
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The company originates from three former companies: Yates's, SFI Group and the Laurel Pub
Company.
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a potential buyer, for around £70m. In
September 2010, it sold Ha Ha Bar and Grill (22 pubs) to
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is a hospitality company in the United
Kingdom, specialising in restaurant and pub chains.
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Mathiason, Simon Bowers Nick; Teather, David; Finch, Julia (7 February 2009).
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chain (82 pubs) in
February 2010 so it is still based in the same building.
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The group has its origins in the Laurel Pub Company, which was owned by
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for £19.5m, which saw the disappearance of the brand, with 12 becoming
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of Iceland, in a move to recoup debts from him. That was done via a
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449:. On 27 July 2009, Bay Restaurant Group was bought by two banks,
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In May 2010, Bay Restaurant Group was put up for sale, with
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Catering and food service companies of the United Kingdom
641:"Robert Tchenguiz's Bay Restaurant Group put up for sale"
656:"Mitchells & Butlers acquires Ha Ha Bar & Grill"
422:On 27 March 2008, the Laurel Pub Company went into
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434:. In October 2008, Kaupthing collapsed during the
619:"Bay Group secures debt-for-equity restructuring"
348:Sister company of the Town & City Pub Company
496:in the south of Luton off the dual-carriageway
683:. 17 September 2010 – via www.bbc.co.uk.
8:
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55:Learn how and when to remove these messages
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579:"Kaupthing sues Tchenguiz firm for £643m"
232:Learn how and when to remove this message
214:Learn how and when to remove this message
112:Learn how and when to remove this message
593:"Banks prop up Slug & Lettuce owner"
75:This article includes a list of general
733:Restaurant chains in the United Kingdom
681:"All Bar One firm buys Ha Ha Bar brand"
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510:Luton Airport Parkway railway station
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152:adding citations to reliable sources
654:Paskin, Becky (16 September 2010).
534:"Greene King snaps up Laurel pubs"
512:, opposite Lower Kidney Wood near
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16:United Kingdom hospitality company
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36:This article has multiple issues.
581:– via www.theguardian.com.
504:), close to junction 10a of the
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728:Restaurants established in 2008
345:Footnotes / references
139:needs additional citations for
44:or discuss these issues on the
625:. 28 July 2009. Archived from
445:called Oscatello based on the
281:, Luton, Bedfordshire, LU1 3LS
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418:United Kingdom insolvency law
404:In April 2007, it bought the
643:. The Telegraph. 3 May 2010.
552:"La Tasca to bolster Laurel"
384:Robert and Vincent Tchenguiz
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436:Icelandic financial crisis
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378:Slug and Lettuce in Leeds
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319:Pub and restaurant chains
718:Companies based in Luton
395:went into administration
245:Bay Restaurant Group Ltd
470:Mitchells & Butlers
428:pre-packaged insolvency
96:more precise citations.
447:British Virgin Islands
412:Financial difficulties
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277:Porter Tun House, 500
163:"Bay Restaurant Group"
738:Stonegate Pub Company
397:. It also bought the
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492:The headquarters is
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338:Bay Restaurant Group
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480:Company bought the
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498:Airport Way
474:All Bar One
451:Commerzbank
388:Greene King
287:Area served
261:Hospitality
94:introducing
723:Pub chains
707:Categories
660:Restaurant
520:References
466:Tragus Ltd
416:See also:
297:Key people
204:April 2016
174:newspapers
102:March 2013
77:references
41:improve it
623:The Times
514:Luton Hoo
488:Structure
329:Kaupthing
301:Ian Payne
47:talk page
698:La Tasca
665:1 August
603:1 August
562:1 August
494:situated
406:La Tasca
316:Products
304:Chairman
258:Industry
597:Reuters
399:Yates's
362:History
334:Website
266:Founded
253:Private
188:scholar
90:improve
325:Parent
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79:, but
502:A1081
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