Popular Marietta Square Grocery Café Files for Chapter 11 Bankruptcy

​The Plates Restaurant, LLC dba Asher & Rose Grocers in Marietta, GA, entered bankruptcy within a year of its launch.

Written By Twinkle Jha
The Plates Restaurant, LLC filed a bankruptcy petition on May 7 (Image credit: Alexas_Fotos | pixabay | Created on Canva)

Marietta, GA-based grocery store and café concept Asher & Rose Grocers is facing bankruptcy. The bankruptcy petition was filed under The Plates Restaurant, LLC, the business entity behind Asher & Rose Grocers. The development comes within a year of the business transitioning to Asher & Rose Grocers.

The business is expected to remain open and continue normal operations during the Chapter 11 proceedings.

The Plates Restaurant, LLC Files for Chapter 11

The entity, which currently operates as Asher & Rose Grocers, made its voluntary filing on May 7, 2026. Court records show chef and manager Greg Lipman signed the petition as the authorized representative.

Case filings, as available on PACER, add that the debtor has elected to proceed under Subchapter V. Subchapter V is designed to streamline Chapter 11 proceedings for qualifying small businesses, typically reducing costs and shortening the restructuring process.

Attorney William Rountree of Rountree, Leitman, Klein & Geer, LLC, is the legal counsel for The Plates Restaurant, LLC.

The Grocery Store and Café Launched Early This Year

Asher & Rose Grocers launched in January 2026, according to a Facebook post from the company. The business previously operated as Italian restaurant Piastra, which served Marietta Square since 2015.

After nearly a decade on Marietta Square, the business transitioned from a full-service restaurant into a grocery store and café. This transition was guided by the mother-son duo of Betty Bahl and Chef Greg Lipman.

According to its website, Asher & Rose Grocers provides a range of market-selling produce, dairy items, meats, and pantry products sourced from Georgia farms. Its integrated café serves meals all through the day along with catering offerings. Wine events, cooking classes, and community programming are organized by the business as well.

Case Related Details

The filing records note that funds will be available for distribution to the unsecured creditors. As per the filing, the debtor listed three creditors who have made the largest claims and are not insiders. These include Elan Financial Services, Creation Gardens, and First National Bank of Omaha.

A summary of the Chapter 11 petition is shared here:

  • Filing Date: May 7, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of Georgia
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11, Subchapter V
  • Case Number: 26-56170-lrc
  • Estimated Assets: Between $100,001-$500,000
  • Estimated Liabilities: Between $500,001-$1 million
  • Estimated Creditors: Between 1 and 49
  • Reason for Filing: Restructure business under court supervision

The latest case marks a notable point in the journey of Asher & Rose Grocers as it hopes to reorganize operations during the proceedings. Marietta locals can expect new developments in the coming days and get further clarity on its financial footing and operational plans.

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Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
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