Examiner appointed to Dylan McGrath's Fade Street Social

Court heard the examiner believed the company had a reasonable prospect of survival, saving 86 jobs

Fade Street Social is owned by chef Dylan McGrath. Picture: Collins Courts

Top chef Dylan McGrath’s steak restaurant, which trades as Fade Street Social, owes Revenue €1.7m “and maybe more”, and is unable to pay its debts, Judge John O’Connor has heard in the Circuit Civil Court.

Judge O’Connor, who appointed Dessie Morrow of Azets Ireland as examiner of the company’s affairs, was also told Mr Morrow had undertaken to provide a special report to Revenue in relation to inter-company loans of almost €4.5m.