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Las Iguanas Bankruptcy Fears: UK Restaurant Chain Faces Crunch Vote That Could Decide Its Future

London, May 11, 2026, 09:17 BST Las Iguanas’ parent company secured High Court sign-off to present a restructuring proposal to creditors, setting up a crucial vote later this month. The UK-based Latin American restaurant chain’s fate now hinges on that outcome and a court sanction hearing eyed for early June. This plan takes on urgency, aiming to prevent Iguanas Holdings—the Big Table Group arm responsible for the leases—from slipping into administration. In the UK, administration hands a struggling company to a court-appointed practitioner, seeking a turnaround, possible sale, or at least improved returns for creditors. (GOV.UK) The plan calls for

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