September 30, 2016 / 11:56 PM / a year ago

Restaurants Acquisition bankruptcy converted to Chapter 7

The operator of the Black-eyed Pea and Dixie House restaurant chains in Texas, Restaurants Acquisition I LLC, is heading for liquidation, according to a bankruptcy court order filed on Friday.

The Chapter 7 conversion order signed by Judge Kevin Gross of the Bankruptcy Court in Delaware noted the company’s restaurants had closed and its management had resigned.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2dCsz6N

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