Petition filed to wind up restaurant group
A petition to wind up Claudio Vigilantes Associated Cuisine restaurant group has been filed in Supreme Court.
The petition will be heard before the court on November 9, when any creditors or contributories are urged to come forward.
It is the company itself which is applying to be wound-up, a spokesman for the company said. The restaurants simply cannot continue in the current economic climate. No creditor has made any application to wind up Associated Cuisine Limited.
Notice of the winding up comes after multiple lawsuits were filed in the last year involving the former Frescos group of restaurants.
Associated Cuisines last remaining businesses, Marias Ristorante and Frescos wine bar, closed down this month.
Aqua, Silk and 64° Bar & Grill at Port Royal have all closed down, while Mr Vigilante retained O Bar, the former Opus Bar and Lounge, which was owned by him and other shareholders.
Last month O-Bar, on Bermudiana Road, was put up for sale.
CH Ltd, landlord for Marias and Frescos, recently took out a writ against the company.
A spokesman for CH Ltd said there were alleged lease arrears or back rent of some $79,000.
Imposing a ‘living wage’ means fewer jobs
Hospital charges ‘not set to rise’
Murder accused continues on the stand
First-class care at hospital
Support for Earth Hour festivities
Role of British lawyer questioned
Alarmed by the lack of dignity in Bermuda
Some gesture, Delta!
BTUC on notice from Government
Morgan’s Point: first phase announced
Hospital struggles to discharge patients
Football is first love, says Donawa
Take Our Poll