Seafood restaurant chain Red Lobster has exited Chapter 11 bankruptcy restructuring after completion of its acquisition by RL ...
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.
Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.
Red Lobster completes Chapter 11 exit and acquisition by RL Investor Holdings LLC, poised for growth with $60 million ...
Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...
Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which ...
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ -- The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...
Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.The ...
As part of our new ownership structure, we have backers who have a history of making successful investments in restaurants.
The deal is done. After 1,173 Chapter 11 bankruptcy pleadings and orders filed by the involved parties — a substantial docket ...