Up to 200 jobs saved after Cornstore and Coqbull restaurant group exits examinership over €26.7m debt
Irish arm secures new backer as London outlets put up for sale
The Cornstore Restaurant in Limerick
The Irish arm of the Cornstore Group, which encompasses the Cornstore and Coqbull restaurant chains in Limerick and Cork, has emerged from examinership after it was granted court protection over a debt of over €26.7m.
London-based Padraic Frawley, founder and chief executive, said he had been reinstated as director of the company after securing new investment. The investment came from Dublin-based Relm Finance and has saved up to 200 jobs at the Cornstore restaurants in Cork and Limerick and the Coqbull restaurants in Cork, Limerick and Castletroy.
