Jamie Oliver’s Istanbul restaurant goes bankrupt
Dinçer Gökçe - ISTANBUL
The restaurant of the British celebrity chef Jamie Oliver at Istanbul’s Zorlu Center has gone bankrupt, closing down at the end of September.
Oliver opened the 32nd of his “Jamie’s Italian” restaurants in Istanbul at the beginning of 2013, but by the end of the same year the restaurant began to face financial difficulties.
The company’s lawyer asked for a suspension of bankruptcy on Dec. 24, 2014, stating that the company had accrued debt based on poor financial results.
The restaurant remained open while the case was ongoing, but at the hearing on Sept. 21, 2017 the court ruled for the company’s bankruptcy. The relevant court file for the company’s liquidation was subsequently sent to the Istanbul 3rd Bankruptcy Office and the restaurant was shut down 10 days ago.
Among the partners of the “Jamie’s Italian” Istanbul branch are Tourism Restaurant Investors Association (TÜRYİD) head Kaya Demirer and Nihat Yıldırım, the brother of popular Turkish singer Sezen Aksu.
Demirer declined to comment on the bankruptcy, as the court’s ruling has been appealed.
There are currently around 40 “Jamie’s Italian” restaurants around the world. The 42-year-old celebrity chef was awarded an “Member of the Order of the British Empire” (MBE) in the Queen’s Birthday Honors in 2013 for outstanding achievement or service to the community.
