Red Lobster Survives Bankruptcy
Red Lobster survives Chapter 11 bankruptcy under new ownership
Red Lobster, the seafood chain known for its endless shrimp deals and cheddar bay biscuits, has emerged from Chapter 11 bankruptcy, according to the company. A U.S. bankruptcy judge approved the motion at the beginning of the month, just four months after the company first filed for bankruptcy protection looking to sell the company.
Red Lobster exits Chapter 11 bankruptcy with new CEO. What to know about Damola Adamolekun
The restaurant chain Red Lobster announced Monday the company exited Chapter 11 bankruptcy and has a new chief executive officer, Damola Adamolekun. Adamolekun, 35, said in a statement the restaurant is now "stronger" and "more resilient" as the company gears up for "the start of a new chapter,
Red Lobster exits bankruptcy, ditches unlimited shrimp for quality
Red Lobster exits bankruptcy, ditches unlimited shrimp for quality Red Lobster, the iconic seafood chain known for its signature Cheddar Bay Biscuits and family-friendly dining experience, is clawing its way back from the brink of financial ruin.
Pueblo Red Lobster restaurant escapes the boiling pot after company exits bankruptcy
Red Lobster exits Chapter 11 bankruptcy protection
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.
Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO
Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management. The company announced on Monday, Sept. 16 that it's been acquired by lender group RL Investor Holdings with $60 million in new funding backed by Fortress Investment Group.
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