Z'Tejas Restaurant Holdings

The firm was debtor’s counsel to Z’Tejas, which operates a chain of “Tex-Mex” restaurants in Arizona and Texas. The firm negotiated an asset purchase agreement for the sale of substantially all of the company’s assets. The chapter 11 case was commenced, the company’s operations stabilized, and the sale closed in the short span of sixty days. Hundreds of jobs were saved and general unsecured creditors are expected to receive a distribution.