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Red Lobster considers filing for Chapter 11 bankruptcy. As reported earlier, Red Lobster was considering filing for Chapter 11 bankruptcy after a failed promotion cost it millions of dollars ...
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan ...
After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection. A U.S. bankruptcy judge on ...
Red Lobster is exiting Chapter 11 bankruptcy after a federal judge on Thursday approved the seafood restaurant chain's plan to rebound from an "endless shrimp" fiasco, massive debt, dozens of ...
Red Lobster, a popular seafood restaurant chain, has reportedly been considering filing for Chapter 11 bankruptcy, according to a report from Bloomberg. This has spurred rumors of mass closures ...
According to Bloomberg, Red Lobster is considering a Chapter 11 bankruptcy filing in hopes of restructuring its debts. The company has reportedly received advice from law firm King & Spalding and ...
Red Lobster is reportedly considering filing for bankruptcy. Amid the restaurant’s financial concerns, attention has been placed on Red Lobster’s previous deals, which some suggest may have ...
Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell its business to its lenders, and in turn, it will receive financing to stay ...