On the Border looked poised for a comeback. Now, it just looks like there’s no turning back for the Dallas-based Tex-Mex restaurant chain. One week after announcing the closure of all company-owned locations across the U.S., the operating company for the chain filed for Chapter 7 bankruptcy.
OTB Hospitality, LLC filed for bankruptcy on Friday, effectively ending Pappas Restaurants’ efforts to revive On the Border brand after acquiring it out of bankruptcy last year. The news also comes a month after the group announced a series of changes for the restaurant chain, including a “sweeping menu overhaul.”
“This was an incredibly difficult decision. Our teams worked hard over the past year to stabilize the business, but it became clear that…