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.
On The Border Tex-Mex chain joins list of bankrupt restaurants after closing locations across 24 states
A Chapter 11 court filing shows the popular Mexican grill and cantina is seeking to reject leases on 77 locations it had deemed underperforming. Causal dining chains had a pretty bad 2024 when it came to solvency issues.
Popular Tex-Mex restaurant chain files for bankruptcy
On the Border, a Tex-Mex chain owned by Argonne Capital Group, filed for Chapter 11 bankruptcy protection as it struggles to compete in the current economic environment.
Major Tex-Mex Chain Just Filed for Bankruptcy After Closing Dozens of Locations
On the Border, founded in 1982 in Dallas, Texas, is operated by Argonne Capital Group. The company also owns Applebee's, IHOP, and Wingstop restaurants, as well as Planet Fitness and other franchises, under its wing.
Popular Tex-Mex restaurant files for bankruptcy amid nationwide closures
A popular Tex-Mex restaurant chain has filed for bankruptcy after closing multiple locations nationwide. OTB Holding LLC, the parent company of On The Border Mexican Grill & Cantina, has filed for Chapter 11 bankruptcy, according to a press release from the company.
Tex-Mex chain On the Border, which started in Dallas in 1982, seeks bankruptcy protection
On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior.
On the Border Mexican Grill & Cantina Files for Bankruptcy Amid Economic Challenges
On the Border Mexican Grill & Cantina files for bankruptcy amid financial challenges and changing dining habits.
On the Border is struggling—Here’s why your favorite Tex-Mex chain just went bankrupt
Another restaurant chain bites the dust. On the Border Mexican Grill & Cantina just filed for bankruptcy protection, struggling to keep up in a tough economic
These are 8 iconic Tex-Mex restaurants in North Texas. Which ones have you tried?
Chances are, your favorite Tex-Mex restaurant is the one closest to your house. But these are some of the more well-known in North Texas.
On the Border Mexican restaurant chain files bankruptcy. What will happen to CT location?
On the Border Mexican Grill & Cantina, a Tex-Mex restaurant chain with locations around the country, including one in Connecticut, filed for Chapter 11 bankruptcy this week. In a press release, the company said it "intends to use the proceedings to drive operational improvements and pursue a sale of substantially all of its assets."
Tex-Mex restaurant chain files for bankruptcy
Atlanta-based On the Border Mexican Grill & Cantina filed Tuesday in federal bankruptcy court in northern Georgia. The chain, which closed 40 locations last year, operates 60 restaurants in 18 states and those will remain open during the bankruptcy process. Shandra Martinez | MLive
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