Texas Restaurant Operator to Reorganize in Chapter 11 - Dow Jones Ba...

Texas Restaurant Operator to Reorganize in Chapter 11
Dow Jones Bankruptcy & Debt (subscription)
The operator of Texas restaurant chains Black-eyed Pea and Dixie House sought chapter 11 protection to cut ties with unprofitable locations and reorganize around profitable ones. Facing cash flow issues and the rising costs of its restaurant leases, ...