'Plaza Mariachi Is Here to Stay': CEO Provides Update Following Filing for Bankruptcy Protection

'Plaza Mariachi is here to stay': CEO provides update following filing for bankruptcy protection

NASHVILLE, Tenn. (WKRN) — The CEO of Plaza Mariachi provided an update after filing for voluntary Chapter 11 bankruptcy protection more than a year ago. JULY 2024 | Plaza Mariachi files for bankruptcy protection In July 2024, CEO Mark Janbakhsh announced the filing for protection. On Thursday, a press release from Mark and his wife Diane Janbakhsh announced that Plaza Mariachi, LLC filed a "sale-leaseback." Per the press release, that means…

Plaza Mariachi to be sold for $13.45M - Nashville Banner

Plaza Mariachi will have a new owner.  According to a motion for sale filed in U.S. Bankruptcy Court on Wednesday night, an LLC called HC Plaza has agreed to purchase Plaza Mariachi and its accompanying shops for $13.45 million. HC Plaza is awaiting the court’s entry of the sale order.  HC Plaza was formally created on Wednesday morning, and its principal office address is a residence of Ryan Barretto, CEO of Sprout Social, a business-to-busines…