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Red Lobster Files For Bankruptcy, Hammers Out Plan to Repay Creditors

TMZ.com Monday, 20 May 2024
Red Lobster is officially in Chapter 11 bankruptcy -- a move that comes days after they shut down dozens of their restaurants amid financial distress, but it's one that will keep its remaining branches afloat ... for now. The nation's biggest…
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News video: Red Lobster Says Locations Will Stay Open After Filing For Bankruptcy

Red Lobster Says Locations Will Stay Open After Filing For Bankruptcy 01:31

Red Lobster Says , Locations Will Stay Open , After Filing For Bankruptcy. On May 19, Red Lobster confirmed in a statement that the company has filed for voluntary Chapter 11 bankruptcy in Florida. . NBC reports that the largest seafood chain in the United States said that filing for Chapter 11...

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