The Press Up restructuring team unveiled by The Currency last week is moving fast. Representing Cheyne Capital, the Dublin hospitality group’s main lender, the corporate fixers led by chief restructuring officer Patrick Sheehan appointed receivers on Wednesday to four trading companies operating the restaurants of the group’s three main restaurant chains. Wagamama, the Asian cuisine franchise, was the earliest such chain in the business. Property investor and developer Paddy McKillen had launched its Irish presence as early as 1998 when his son Paddy Jr was still a teenager. McKillen Jr and his business partner Matt Ryan later expanded it and…
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