Iconic Restaurants Le Cirque and Circo File for Bankruptcy

Joanna Fantozzi
Updated
In a sadly all-too-familiar story for New York culinary institutions, Circo and Le Cirque — the two upscale, vaguely circus-themed restaurants opened by iconic restaurateur Sirio Maccioni — have filed for bankruptcy. Mauro Maccioni, son of the original owner, told the New York Post’s Page Six that...

In a sadly all-too-familiar story for New York culinary institutions, Circo and Le Cirque — the two upscale, vaguely circus-themed restaurants opened by iconic restaurateur Sirio Maccioni — have filed for bankruptcy.

Mauro Maccioni, son of the original owner, told the New York Post’s Page Six that the family filed for Chapter 11 bankruptcy to avoid losing their lease. The family intends to keep the restaurants open for business, and they describe the restaurants’ main struggle as a “cash-flow” issue. fully staffed,” Maccioni told Page Six. “We are in the process of restructuring ourselves and securing some additional outside funding.”

The filing says that they owe between $500,000 and $1 million to up to 100 creditors.