Here's what to know about Red Lobster's exit from bankruptcy and the new owners of the seafood restaurant chain.
Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.
Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...
Red Lobster has closed the book on its bankruptcy and enters a new era with a new captain at the helm. The seafood restaurant ...
The deal is done. After 1,173 Chapter 11 bankruptcy pleadings and orders filed by the involved parties — a substantial docket ...
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...
Red Lobster completes Chapter 11 exit and acquisition by RL Investor Holdings LLC, poised for growth with $60 million ...
Once the acquisition is complete, Red Lobster will also bring in new leadership. Jonathan Tibus, who has served as the ...
Under Chapter 11 plan, Red Lobster will be acquired by RL Investor Holdings LLC, an entity backed by Fortress Investment ...
Here's where you can at Red Lobster in Ohio as the restaurant chain exits bankruptcy, finds a new owner, and plans to rebound ...