Elements Dining Group - Voluntary Administration

Elements Dining Group, six companies which operate a five-venue steakhouse chain known as Elements Bar & Grill, entered voluntary administration on 21 March.

Four of the restaurants are located in inner Sydney and one is located in Walsh Bay.

Voluntary administrators John McInerney and Phillip Campbell-Wilson of Grant Thornton have indicated they will attempt to preserve the value of the business and give the owners an opportunity to consider a formal restructuring plan. 180 employees, encompassing full-time, part-time, and casual staff, continue to be employed, at least for the time being.