Friday, 11 September 2020

Maison Kayser files for bankruptcy with plans for sale

Days after firing its New York staff, the owner of bakery chain Maison Kayser has filed for bankruptcy, with a plan to save the company. Cosmoledo LLC said in its Chapter 11 bankruptcy petition that it had agreed to sell its assets to restaurant investor Aurify Brands, according to Bloomberg. “The Covid-19 pandemic and indefinite timeline for the resumption of full-capacity indoor dining in New York City have had a devastating impact on our business,”



source https://therealdeal.com/2020/09/11/maison-kayser-files-for-bankruptcy-with-plans-for-sale/

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