• insights-banner

    Serving up good news

The Corporate Restructuring & Insolvency team serve up good news with Deloitte on the Peyton and Byrne prepack sale


Charles Russell Speechlys’ specialist teams provide bespoke advice to high profile entrepreneurs in the dynamic and competitive retail and leisure sector. We can anticipate your key priorities, and provide advice tailored to suit all stages of the business life cycle.

Peyton and Byrne; founded in 2005 by chef and TV personality Oliver Peyton, is an acclaimed catering company and bakery.

Peyton and Byrne’s upmarket restaurants and cafes have featured in iconic landmarks across London such as The National Gallery, The Royal Academy of Arts and The Imperial War Museum.

However, when a key site was lost the business suffered cash flow problems and
required professional support to advise upon its options.

We have worked closely with the Peyton and Byrne family for many years and were pleased to be invited by Deloitte to assist with the company's restructuring.

Our approach

We worked closely with the experienced retail team at Deloitte (Rob Harding, Dan Butters and Omar Mirza) and acted for the proposed administrators to complete the pre-pack sale of Peyton and Byrne to Sodexo. Sodexo acquired Peyton Events and Peyton and Byrne's public catering contracts that operate in landmark locations.

This acquisition complements Sodexo’s business, allowing it to open its doors in London with potential growth in the commercial tourism sector, as well as providing Peyton and Byrne with support to continue with “business as usual”.


We advised Deloitte on the pre-pack sale, which preserved the brand and business of Peyton and Byrne maximising the return to its creditors and ensuring the continuity of both strands of the Peyton and Byrne business preserving 450 jobs.

For more information please get in touch via simon.ridpath@crsblaw.com or +44 (0)20 7427 6406.

Our thinking

  • Property Patter: the latest on the Building Safety Act

    Richard Flenley


  • James Souter writes for City AM on Meta pulling out of its London office

    James Souter

    In the Press

  • Georgina Muskett and Karin Mouhon write for Property Week on the importance of preparation when proposing site redevelopments

    Karin Mouhon

    In the Press

  • David Savage writes for Construction News on the upcoming building-control overhaul

    David Savage

    In the Press

  • Updates and points to note in relation to buy-to-let residential properties

    Twiggy Ho


  • Investment Week quotes Julia Cox on the proposed scrapping of inheritance tax

    Julia Cox

    In the Press

  • Property Week quotes Cara Imbrailo on Rishi Sunak scrapping MEES requirements for residential landlords

    Cara Imbrailo

    In the Press

  • The Financial Times quotes Emma Humphreys on UK rental costs

    Emma Humphreys

    In the Press

  • Stamp Duty Refund - New Impetus To Eligible Incoming Talents

    Ian Devereux


  • Arabian Gulf Business Insight quotes Paula Boast on the state of Saudi Arabia’s construction industry

    Paula Boast MBE

    In the Press

  • Common construction claims in Bahrain

    Mazin Al Mardhi


  • EG quotes Alison Goldthorp on WeWork's restructuring plans

    Alison Goldthorp

    In the Press

  • Property Week quotes Louise Ward on the additional support required by aspiring UK life sciences operators

    Louise Ward

    In the Press

  • Case analysis: URS Corporation Ltd V BDW Trading Ltd

    James Worthington


  • True value adjudications; don’t jump the gun!

    Christopher Busaileh


  • Restrictive covenants – who has the benefit?


  • Enforcement of Judgments

    Patrick Gearon FCIArb


  • Property Patter: Top 5 Notice Traps

    Emma Humphreys


  • Q&A: Business rates and charitable purposes

    David Gregory


  • Ingrid Saffin writes for React News on mixed-use developments

    Ingrid Saffin

    In the Press

Back to top