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Other Chain Finance News: La Pain Quotidien, Craftworks And Chains At Default Risk

Written by The Ashton Report

The pandemic’s effects continue to weed out weaker operators.    –Le Pain Quotidien filed for Chapter 11 bankruptcy May 27 and appears to have a deal to sell the chain for $3 million to Aurify Brands to keep 35 stores open and avoid liquidation. Aurify, based in New York City, owns restaurants brands including The…

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The Ashton Report