Crown cuts lease of Heston Blumenthal's scandal-plagued business

  • 📰 theage
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

BREAKING: Heston Blumenthal’s scandal plagued Australian restaurant appears doomed after its landlord and financial backer, Crown Casino, said it had moved to terminate its lease

World-renowned chef Heston Blumenthal’s scandal-plagued Australian restaurant appears doomed after its landlord and financial backer, Crown Casino, said it had moved to terminate its lease.

The move to terminate the lease creates further uncertainty for employees who had hoped that Crown may financially support the restaurant to keep it open. “Tipsy Cake was aware that a significant amount of wages and entitlements were owing to many workers who had been underpaid,” Ms Parker said.Paul Jeffers

Under Australian law, employees are treated as priority creditors in a liquidation and the government can pay for some unpaid entitlements if the business cannot do so. But its opaque structure - restaurant owner Tipsy Cake is based on the volcanic Caribbean island of Nevis - made it hard to determine the true health of the business.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In Greek the word ‘Heston’lives up to its English translation in this failing business. Mother laughed each time Charlton Heston was promoted in a movie. What to do?

He's a CROOK

As my great grandmother always said. Never trust a ‘celebrity’ chef.

Just because you can cook doesn’t mean you can run a profitable business

I mean when you don’t have nuggets and chips on the menu what do you expect?

He looks like an honest chap doesn't he... :\\

So a restaurant has its lease terminated? Wow. The Age really has gone downhill. Glad I didn’t renew my home delivery last year.

Icarus

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines