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PQ New York, Inc. Bankruptcy Case

PQ New York, Inc.

Sale Process

Case No. 20-11266·Delaware·Petition date May 27, 2020

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OverviewProfessionals

Key professionals

Investment Banker

SSG Advisors, LLC

Administrative Advisor

Donlin Recano & Company

Bankruptcy Counsel

Morris James LLP

Bankruptcy Counsel

Richards, Layton & Finger, P.A.

Judge: John T. Dorsey
Petition assets: $10M–$50M
Petition liabilities: $50M–$100M
Industry: Food & Beverage
Debtors: 99

PQ New York, Inc. is a New York-based restaurant operator and a subsidiary of the Belgian company PQ Licensing SA. The company operates 98 Le Pain Quotidien locations across the United States, including the New York City metro area, the Mid-Atlantic, California, Illinois, and Florida. The brand specializes in artisan bread, pastries, and tartines, historically utilizing communal tables in its dining rooms. At its peak, the company employed approximately 2,500 people and generated $175 million in annual sales.

Case background, summaries, and key terms are generated from the filings on this docket. Docket entries and documents come from the court.

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