Reed Smith provided trading and restructuring advice to the board and supported the business through a critical Christmas trading period, culminating in the appointment of administrators and the successful sale of the company.
The restructuring represents a significant outcome for a high-profile UK hospitality brand, protecting a substantial number of jobs and ensuring the continued operation of a large proportion of the TGI Fridays estate on the UK high street.
The Reed Smith team advising on the matter was led by Sakil Suleman (Partner) and Linton Bloomberg (Partner), with support from Bhav Parekh (Associate) and Alex Pierce (Associate).
About Reed Smith
Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters.
