After filing for Chapter 11 bankruptcy protection, the U.S. operator of the Le Pain Quotidien bakery chain, hammered by the coronavirus outbreak, is hoping to keep roughly a third of its nearly 100 locations open through a $3 million sale of those cafes to Aurify Brands.
Le Pain Quotidien's US Operator Files for Bankruptcy, Looks to Sell 35 Cafes
Chain Seeks Court Approval for $3 Million Deal With Aurify to Avoid Liquidation
By Linda Moss
CoStar News
May 28, 2020 | 9:14 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Aurify Brands
Accommodation and Food Services