Le Pain Quotidien Says It Just Barely Avoided Liquidation

By Jeff Montgomery (May 28, 2020, 6:07 PM EDT) -- An attorney for bakery chain Le Pain Quotidien told a Delaware bankruptcy judge Thursday that the business was effectively down to its last crust, hours from a total liquidation, when a buyer emerged to salvage dozens of its 98 sites in a Chapter 11 private sale....

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