Deutsche Bank seizes Public Hospitality pubs amid $1.8 billion debt
Investment bank Deutsche Bank has taken control of five pubs owned by Jon Adgemis’ Public Hospitality, appointing receivers before a court hearing in which tax authorities are attempting to bankrupt the former KPMG dealmaker. Deutsche, which led a major refinancing of Public Hospitality’s debt in 2024, has appointed McGrathNicol as receiver over the five venues,…

