Black-eyed Pea owner files Chapter 11

Black-eyed Pea owner files Chapter 11

Reorganization petition covers Texas stores

The owner of casual-dining Black-eyed Pea restaurants in Texas filed for Chapter 11 bankruptcy reorganization Wednesday, citing revenue shortfalls and an inability to attract new capital.

Arlington, Texas-based Restaurants Acquisition I LLC, which has 13 Black-eyed Pea units in Texas and one Dixie House restaurant in Dallas, in its bankruptcy petition listed assets in the range of $1 million and $10 million and debt between $10 million and $50 million.

The bankruptcy f

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