The parent company of Arlington, Va., steakhouse Ray’s The Steaks has filed for chapter 11 bankruptcy protection for the second time in the past two years, the Washington Business Journal reported today. MLRG Inc. filed the petition for chapter 11 protection in late October. The filing lists assets and liabilities of between $500,000 and $1 million. Two companies affiliated with Ray’s, including MLRG Inc., filed for Chapter 11 protection in 2015, though both of those cases were withdrawn after owner Michael Landrum settled a separate case with the landlord of his D.C. location of Ray’s Hell Burger.
