Instead of only closing stores that weren't performing well before March, they were forced to furlough about 800 employees, file for bankruptcy, and sell the brand, since the city's reopening plan wasn't going to be enough, according to Bloomberg. Maison Kayser Catering believes that fresh-baked food should be the highlight for any occasion. They also own the city's locations of the burger chain Five Guys. It’s simple to get your company set up with our corporate In addition to filing for bankruptcy, it notes over $70 million in debt and a sale of U.S. locations. Edit your items, change the date or cancel a delivery easily online. From the traditional coffee Éclair or the fancy Saint-Honoré, to the bright and refreshing Yuzu tart or the majestic Cardinal, it is pleasing to both the eyes and the palate. If Maison Kayser Catering uses high quality and fresh ingredients for their dishes and is also one of the top caterers in HongKong. filed the papers in court recently that show the chain's status after a rough 2020. Maison Kayser is a New York City staple. French bakery chain Maison Kayser’s U.S. locations filed for bankruptcy with plans to be taken over by a New York food franchiser that runs bread, burger and salad shops. Our Story. Individual : Passionfruit & Raspberry Tart. Award-winning baker, Eric Kayser founded his own bakery in Paris and the sensation has reached Hongkong. Work with a CaterSpot Concierge for bespoke menu requests for Maison Kayser. Have a confidential tip for our reporters? invoice only. That debt will be used as currency in a forthcoming bankruptcy auction, effectively canceling the obligation. Court papers show an Aurify affiliate bought the right to collect nearly $73 million owed by the bakery. The bakery chain is only in the big apple, but the status of the 16 locations is unknown. The bakery chain is only in the big apple, but the status of the 16 locations is unknown. Yahoo fait partie de Verizon Media. Save time by setting this order to repeat automatically! Get it delivered to your doorstep! View Menu. Their potential new owner bought another struggling cafe recently. All Rights Reserved. A plan to reorganize the New York locations stopped when the coronavirus pandemic forced them to pause. Renowned for its craftsmanship and the quality of its dishes, Eric Kayser creates pastries that are gourmet, colourful and delicate. Maison Kayser Catering uses high quality and fresh ingredients for their dishes and is also one of the top caterers in HongKong. We deliver for free to HK Island and Kowloon when you spend above a certain amount. Share a link, have people add their items, and then you'll place the order for everyone once you're done. Note: At this time payment for your subsequent recurring orders is by Their owner recently filed for Chapter 11 bankruptcy. ", "All food are excellent. Browse products. invoicing and we’ll contact you to get this set up. Discover our French traditional breads and pastries in our contemporary Bakery-Restaurants. Cosmoledo listed assets of as much as $50 million and liabilities of up to $100 million in its petition. Pastries: Cakes and Tarts Le Casanova (4/6/8 Pax) $ 218 – $ 358. Welcome to Maison Kayser WELCOME ORDER NOW WITH LE CATERINGLOCATIONS & HOURS date and you’ll receive an email notification. Our pastry team works hard to produce more than 30 categories of pastry each and every day, using the best seasonal products to surprise you. Exceptional cakes Pour un mariage, un baptême, un anniversaire ou pour tout autre événement important, sublimez le dessert avec une pièce montée signée Eric Kayser. Deals of the week. Maison Eric Kayser . Vous pouvez modifier vos choix à tout moment dans vos paramètres de vie privée. Family Breakfast. Maison Kayser is a New York City staple. “It became clear that the phased reopening of New York City, which included restaurants, would not allow sufficient operations” for a recovery, Chief Executive Officer José Alcalay said in a court filing. See if your favorites spots made the list! Their mission is to serve authentic, creative and gastronomical patisseries and have been doing so since they opened in 1996. French bakery chain Maison Kayser’s U.S. locations filed for bankruptcy with plans to be taken over by a New York food franchiser that runs bread, burger and salad shops. Cosmoledo hoped to eventually move to other cities across the country but were never able to do so. Copyright © 2020 Eric Kayser. Maison Eric Kayser is a world-renowned artisan bakery in Singapore. The chain told the court it had hoped to reopen in June, but found it unfeasible with New York’s restrictions on indoor dining. Maison Kayser has around 150 locations in 22 countries, with the U.S. bankruptcy action covering just the restaurants owned by Cosmoledo. Our breads and pastries are crafted using French baking techniques and come with a taste that evokes memories of your childhood, or from your travels to France. Stocks Jump to More Than Month High; Yields Climb: Markets Wrap, Regeneron Says Trump Test Results May Show Drug’s Antibodies, U.S. Explores Curbs on Ant Group, Tencent Payment Systems, Trump Calls Case a ‘Blessing From God,’ Hails Antibody Treatment, Biden’s Chances of Winning Hit Record 82.8%: FiveThirtyEight. Their owner recently filed for Chapter 11 bankruptcy. Should no higher offer come in, Aurify would add Maison Kayser to its growing list of New York restaurants. The opening of many more bakeries in Paris and in various countries abroad followed very quickly. (Related: 15 Classic American Desserts That Deserve a Comeback.). Aurify Brands, acting through affiliate companies, will pay $3 million in cash and agree to cancel debt it’s holding, according to court papers. If you pass by a Maison Kayser, you won’t miss our colorful and delicate pastries in the window. Maison Kayser is hardly the first bakery or restaurant to file for bankruptcy this year. Set up delivery for every week or every few weeks as you need. Updates with initial bid amount in second paragraph. EatThis.com is part of the AllRecipes Food Group. Get it delivered to your doorstep! In 2011, they changed the name of their company to Aurify -- which means to turn to gold -- reflecting their focus on “high-brand equity potential.”. Maison Kayser's potential new owner, Aurify, also bought Le Pain Quotidien earlier this year. The company went on to own Dunkin Donuts and Baskin-Robbins ice cream shops before acquiring the rights to develop as many as 30 Five Guys burger restaurants. Should that happen, the company's list of New York City restaurants would grow. This particular location has a French style sit-down café in addition to the bakery. If no other bidder offers a higher payment than Aurify's $3 million in cash, then the sale will be completed. It is unclear if Maison Kayser will also be set to open back up eventually, too. How can you resist the elegance of the Adagio, a dark chocolate mousse cake lit up by a spicy passion fruit center? “Pâte sucrée” tart shell, airy “pâte à choux”, everything is made in respect of the pastry tradition. Get the best food tips and diet advice every day. The case is Cosmoledo LLC, 20-12117, U.S. Bankruptcy Court, Southern District of New York (Manhattan), Buyer is New York franchiser of burger and salad shops, Bankrupt French-style bakery says pandemic halted turnaround. Our story. Maison Kayser was started by Eric Kayser, a talented craftsman whose father, grandfather and great grandfather were also bakers. 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It's the first new pizzas they've had in 8 years. The Chapter 11 bankruptcy for Maison Kayser’s U.S. outlets was filed late Thursday in Manhattan by its New York-based owner, Cosmoledo LLC. The company sought to restructure its balance sheet and close underperforming stores and was nearly finished with those plans when the pandemic hit. Maison Kayser was started by Eric Kayser, a talented craftsman whose father, grandfather and great grandfather were also PASTRIES Our pastries If you pass by a Maison Kayser, you won’t miss our colorful and delicate pastries in the window. Foodheavenmag. Cosmoledo told the court it suffered setbacks in prior years from an ill-fated plan to expand nationwide. The bread will be baked on site throughout the day and everything available to eat in the site or to takeaway will embody the baker’s rigorous approach to food. From the traditional coffee Éclair or the fancy Saint-Honoré, to the bright and refreshing Yuzu tart or the majestic Cardinal, it is pleasing to both the eyes and the palate.