The embattled seafood chain has received court approval to reemerge from Chapter 11. Here’s how the newly restructured company will be different. Red Lobster has received court approval for its Chapter 11 exit plan, nudging the popular casual-dining seafood chain closer to emerging from bankruptcy.

Topics:  here s   red lobster   chapter   bankruptcy   exit plan   chain   approval   court   seafood   received   
BING NEWS:
  • Red Lobster is officially out of bankruptcy process: Here's what's next
    Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.
    09/18/2024 - 8:00 am | View Link
  • 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 ...
    09/17/2024 - 11:00 pm | View Link
  • “A great day for Red Lobster”: Seafood chain to exit bankruptcy after approval of restructuring plan
    Once the acquisition is complete, Red Lobster will also bring in new leadership. Jonathan Tibus, who has served as the company's CEO, will step down from his role and leave the Red Lobster restaurant ...
    09/11/2024 - 5:16 am | View Link
  • Red Lobster Receives Court Approval Of Chapter 11 Plan; Nears Exit Of Bankruptcy
    Under Chapter 11 plan, Red Lobster will be acquired by RL Investor Holdings LLC, an entity backed by Fortress Investment Group ...
    09/9/2024 - 5:28 am | View Link
  • Red Lobster bankruptcy exit plan: New owners, new boss, fewer restaurant locations
    The embattled seafood chain has received court approval to reemerge from Chapter 11. Here’s how the newly restructured company will be different. Red Lobster has received court approval for its ...
    09/6/2024 - 1:51 am | View Link
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