Plan to save Las Iguanas restaurant operator from administration approved

Iguanas Holdings Limited runs 44 Las Iguanas restaurants across the UK (Victoria Jones/PA) - (PA Archive)

A plan to save the company which runs dozens of Las Iguanas restaurants from entering administration has been approved by a High Court judge.

Iguanas Holdings Limited runs 44 Las Iguanas restaurants across the UK, but its lawyers told a hearing on Friday that the company was “heavily loss-making” and would “inevitably enter administration” if the restructure was not approved.