Z’Tejas files for bankruptcy and closes one Austin location

AUSTIN (KXAN) — The owner of Z’Tejas Southwestern Grill has filed for Chapter 11 bankruptcy after closing one restaurant in Austin and three others in Arizona.
Cornbread Ventures, LP, the restaurant chain’s owner, said in a statement Monday they intend to restructure their balance sheet, reorganize and enhance their operations in Phoenix and Austin.
The locations at the Arboretum and Sixth Street in Austin will remain open, the company said, but the Avery Ranch location at 1052