Mike McEnearney’s Sydney city restaurant, No.1 Bent street is out of voluntary administration after creditors voted for the deed of arrangement, according to Good Food.
Administrators HoganSprowles were appointed on 29 November, with creditors then meeting on 11 December to consider the company’s financial future.
The restaurant has since continued to operate as usual, with McEnearney stating he was hopeful the venue would rebound after a refresh.
No.1 Bent Street opened in a 100-seat heritage site in May 2016. McEnearney’s other ventures are unaffected by the developments.
[image] No. 1 Bent Street