Owner of neighboring eatery The Sivas and downtown's Rozina Bake House is behind the planned tapas restaurant.
Franchisees Kalki and Parimal Patel are scouting Alpharetta and Buckhead for the next two of six total planned Atlanta-area locations.
The proceedings will address debts and liabilities between $50 and $100 million owed to food suppliers, equipment companies, and others.
Eight-year-old Mexican pan dulce bakery debuted its new space in September, 2019.
Long-shuttered Pleaser's Adult club will be demolished to make way for ground-up restaurant, slated to open late-2021.
Owner Kelan Watson hopes to encourage guest interaction at the restaurant's lollipop-shaped bar.
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