Investment firm seeking €1.19m judgment against Press Up co-founder Paddy McKillen jnr
At issue is guarantee on loans to buy property in England for development as a 155-bed hotel and 1,500 capacity venue
Press Up Hospitality Group
Press Up to open Asian-style restaurant on former Wagamama premises on South King Street
Kaldero will offer a mix of Filipino, Chinese and Indian cuisine, with a menu designed for shared dining
Receivers appointed to McKillen jnr company behind Bray Central shopping centre
Wicklow County Council agreed to sell the site to Navybrook in 2019
Press Up moves to secure employment of former Wagamama staff
Company reached agreement to open new concepts at two venues in time for Christmas but must retain staff to operate them
Wagamama closure: Meat Loaf’s drummer would do anything for lunch, but he won’t be dining at shuttered Dublin branch
Would-be diners, including The Neverland Express musician John Miceli, were met with note on door of South King Street restaurant announcing its closure after Press Up Hospitality decision
Press Up closes three Wagamama restaurants in Dublin
More than 100 employees are impacted by the move after receivers failed to reach agreement with the Wagamama chain on a restructuring the franchise arrangement
Cheyne does not want to be the long-term owner of Press Up
A budget-day reduction in the VAT rate back to 9 per cent for food service businesses would clearly be helpful
New Press Up owner Cheyne Capital plans to invest fresh funding in business
All venues will remain open with the exception of Wowburger on Parnell Street in Dublin
Where did it all go wrong for Press Up?
Risk of over-expansion killing the goose laying the golden egg was always there for Paddy McKillen jnr and Matt Ryan – and Covid made it real
Novo Nordisk drops Dublin factory plan
Seen & Heard: Inheritance tax reduction, Press Up stake and Spar sale
‘A place in the country’: Getaway where Colm Tóibín and Maeve Binchy were entertained on the market for €435,000
Laois home of late Irish Times literary editor Caroline Walsh and writer and professor James Ryan
McKillen jnr completes sale of majority stake in Dean hotels
Deal places value of €355m on Dean Hotel Group and opens door for brand’s expansion into Europe and the US
Inside Dublin’s newest high-end restaurant, complete with US celebrity chef
The city’s newest dining hotspot, a rooftop restaurant with two terraces, offers a menu using local produce, with French and Asian accents
Ireland’s hotels come roaring back, with a little help from Taylor Swift and Bruce Springsteen
The Taylor Swift effect this summer is just one in a series of big events that is boosting room rates
Tension, a pay scandal and farewells: the business world’s winners and losers of 2023
A tech sector slowdown coupled with rising interest rates gave many a year to forget
Artists in Dublin: ‘The lack of space is the core issue. We’re all fighting for the same thing’
Dublin City Council has defended its open-call process for providing workspace for artists, which some have called ‘a shambles’
Aon global CEO sanguine on who wins next election, Press Up’s layoffs, and Ireland’s ranking for personal taxation
The best news, analysis and comment from The Irish Times business desk
Press Up redundancies a harsh reality check for sector
Hospitality group cites sale of hotel group as a reason for laying off staff
Press Up hospitality group cites ‘tough trading conditions’ as it makes 32 head office staff redundant
Group established by Paddy McKillen jnr and Matt Ryan had employed 110 staff at head office in Dublin
Central Plaza and Clerys Quarter commercial developments in Dublin battle economic headwinds
Questions remain about the future shape of Central Plaza on Dame Street and the former Clerys site on O’Connell Street
Abbey Capital acquires former Hibernian Club for new headquarters
Leading investment manager revealed as €16m purchaser of landmark building at 8 St Stephen’s Green
McKillen jnr to sell majority hotels stake to British property group and Elliot
Deal values Dean Hotel Group’s portfolio of eight hotels, with two more in development, at more than €350 million
Paddy McKillen jnr firm closing in on €17m deal for landmark Topshop building
Developer to convert UK retailer’s flagship at 6-7 St Stephen’s Green into boutique hotel
Irish cinema tops Time Out ranking of the 50 best cinemas in Britain and Ireland
Six movie theatres around Ireland make the going-out guide’s favourite film venues
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Election 2024
Full general election coverage including analysis and results for all 43 constituencies
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices