Scott Pickett secures financing to rescue restaurant empire from liquidation
Celebrity chef Scott Pickett secured new financing from Salter Brothers to rescue his restaurant empire following the collapse of his previous backer, First Guardian. The deal comes after his venues, including Matilda 159 and Smith St Bistrot, faced liquidation, owing creditors $27 million. Pickett emphasized that staff wages and supplier payments continued throughout the crisis.
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Published 11 Jul 2026, 09:00 UTC · Updated 11 Jul 2026, 09:10 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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