Liquidators have been appointed to the owner of some of Glasgow's best-loved bars and restaurants, Kained Holdings.
The hospitality group which owns Lebowskis, Porter & Rye, Oyster Bar, and The Finnieston has been court-ordered to be wound up as it is unable to pay its debts.
Wylie & Bissett have been appointed as liquidators and it is understood jobs have been secured.
Read more: The Woods Bar announces closure of city centre venue after nearly nine years
Kained Holdings was launched by three friends Graham Suttle, Scott Arnot, and Maurice Clark in 2011 and describes itself as a 'celebrated' hospitality group.
In the years since launching the group has been responsible for opening some of Finnieston's most popular bars and restaurants and hailed for breathing new life into the area.
Graham Suttle has previously been outspoken on the impact of the pandemic, Brexit, and the cost of living crisis on the trade.
In September last year, he said that massive staff, supplier, and product shortages created 'new challenges' for the industry that was already having to adapt after forced closures.
Speaking about the liquidation, Graham, told Glasgow Live: "It’s sad to see a company started by three friends all those years ago coming to an end.
"However despite horrendous problems from Covid, lockdown and other issues, and a lot of diligent work in the background from our teams, I am at least hugely relieved that we have managed to secure the jobs of those amazing people who make our business what it is.
"It is business as usual for our much-loved bars and restaurants."
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