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Iconic Restaurants Le Cirque and Circo File for Bankruptcy

Iconic Restaurants Le Cirque and Circo File for Bankruptcy

The award-winning restaurants founded by Sirio Maccioni are filing for Chapter 11 but will remain open

Two of the most legendary restaurants in New York are in danger of losing their leases.

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.

Le Cirque has been the career starting point for many famous New York City chefs, including Daniel Boulud, David Bouley, and Jacques Torres, who all worked on the line at some point.

“Both restaurants continue to operate as usual and [are] 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.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


Tom Valenti Has Resigned From Le Cirque

Tom Valenti has resigned from the head chef position at Le Cirque, which comes on the heels of the iconic restaurant having filed for Chapter 11 bankruptcy protection to protect the leases of the Le Cirque and Circo. According to the filing, the family owes between $500,000 and $1 million to more than 100 creditors.

“I wish the Maccioni family only the best,” says Valenti, who hasn’t decided on his next move.

Valenti took the helm in January, shortly after New York’s most famous maitre d’, Sirio Maccioni, returned to the dining room after a year-long absence due to an injury.

Joining Le Cirque was a big move for Valenti, who shuttered his 14-year old restaurant Ouest in 2015. He is also the restaurateur behind the now-closed West Branch, an author of handful of books, and a shareholder in Dinosaur Bar-B-Que.

Of the bankruptcy filing, co-owner Mauro Maccioni told Page Six that the family “had a short-term cash-flow issue.” Both Le Cirque and Circo are staying open and functioning as usual.

Looking ahead, the restaurant says it has plans to open restaurants in the Dubai Ritz-Carlton, as well as Doha, Dallas, and Orlando.

Le Cirque has seen its share of trouble recently. Management has been accused of sexual harassment by former employees and, before that, wage violations. In 2012, Times critic Pete Wells gave it a one-star. “If you asked these ingredients to speak for themselves,” he wrote, “they would shrug and stare at the floor.”

Open since 1974 when it debuted in the Mayfair Hotel, Le Cirque has resided in the Bloomberg building since May 2006.


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