Popular Chili’s competitor and Tex-Mex chain just filed for Chapter 11 bankruptcy
Popular Tex-Mex chain On The Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy on Tuesday, March 4. The brand owned by Atlanta’s Argonne Capital Group said inflation was to blame for the bankruptcy protection filing, which has been a challenge for many similar chains.
Bankruptcy is designed to provide relief to debtors in legitimate cases with the ultimate goal of providing a fair and ...
On The Border said it has secured $10 million in debtor-in-possession financing from one of its lenders to fund the Chapter ...
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