David Pisor News Today

Johann Moonesinghe, a tech entrepreneur and restaurant owner from Texas, has big plans for Etta

Etta Collective, which operates the Etta and Aya Pastry eateries in Chicago, has filed for Chapter 11 bankruptcy in an attempt to restructure the company’s…

It has been a brutal period for restaurant operators as multiple well-known brands have run out of money.

It has been a brutal period for restaurant operators as multiple well-known brands have run out of money.

Plus: ShotSpotter could be cut off soon, Etta files for bankruptcy and more.

Etta Collective's bankruptcy is the latest blow to owner David Pisor, who's restructuring the company that still has locations in Bucktown, West Town and Arizona.

David Pisor’s Chicago restaurant group, Etta Collective, — home to Etta, Aya Pastry, and Cafe Sophie — is in free fall with open tabs, threatened evictions, and closures post-Maple & Ash split.

Owner David Pisor announced the Chapter 11 bankruptcy protection filing Thursday, less than three weeks after the abrupt closure of Etta in River North.

David Pisor — owner of Etta and Aya Pastry — defaulted on a $2.5 million loan on Jan. 17, according to a filing from lender Wintrust Bank in Cook County court.

Etta’s tenure of just over two years will end on December 31 after it was nearly evicted this past summer