The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Hotel / Restaurants Accommodation And Food Service Activities Food And Beverage Service Activities 56.10 - Restaurants and mobile food service activities
400 jobs Number of planned job losses
Announcement Date
21 December 2020
Employment effect (start)
21 December 2020
Foreseen end date
Description
Maxwell’s Restaurant Group, the British hospitality company, has entered liquidation, with the immediate loss of 400 jobs at the Group’s clubs, bars and restaurants in London and Oxford.
The closure is due to the COVID-19 pandemic and government restrictions on the British hospitality industry. A statement by Café de Paris, one of the clubs owned by the Group, said the company had tried to support staff and respect health and safety, but they had ‘reached the end of the road.’
The Group’s most famous venue, Café de Paris opened in 1924 and it hosted stars including Frank Sinatra and Judy Garland and featured in films and music videos.
Eurofound (2020), Maxwell's Restaurant Group, Bankruptcy in United Kingdom, factsheet number 102951, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/102951.
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