The company, which runs 20 Jongleurs comedy clubs as well as the Australian-themed Walkabout chain, admitted it may have been put in breach of its bank loan agreements after discovering the problem.
Lenders including Barclays, HSBC, Royal Bank of Scotland and Allied Irish have taken on Kroll to advise on accounting discrepancies and issues relating to the company’s cashflow, the Sunday Express reported.
Regent Inns, which has £75m of debts, has said it is discussing how to resolve the matter with its banking partners.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars