Bistro 201 Set to Reopen After Rent Dispute : Restaurants: Chef David Wilhelm says a settlement has been reached with landlord over $230,000 in back payments.

Bistro 201, the high-profile Irvine restaurant that was closed late last week during an increasingly bitter rent dispute, now plans to reopen for lunch on Wednesday, according to chef David Wilhelm.

Tokyo-based World Trade Center II, Bistro 201’s landlord, padlocked the restaurant’s doors and posted an eviction notice on July 8. West Coast Restaurant Ventures Inc., Bistro 201’s parent company, responded with a bankruptcy filing made later that same day in U.S. Bankruptcy Court in Santa Ana. The dispute centers on $230,000 in back rent.

West Coast and World Trade Center II on Monday reached “agreement on a settlement,” Wilhelm said. “We anticipate repossessing the restaurant tomorrow and, hopefully, will be open for lunch on Wednesday . . . or, depending on when we get possession, dinner.”

Wilhelm, a part owner of Bistro 201 and West Coast Restaurant Ventures, said the bankruptcy filing “will be allowed to expire. . . . We’re not going forward with it.” Wilhelm earlier said that the restaurant and its parent company were solvent, and that the bankruptcy filing was designed to help the company work out a payment schedule with the landlord.