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Sport Sailing

Red Lobster to exit Chapter 11 bankruptcy after approval of sale to new owner

Red Lobster filed for bankruptcy in May, and after getting court approval for sale to a new owner, will exit from Chapter 11.

By: ABC News

Sep 09 2024
9
296 Views

Red Lobster to exit Chapter 11 bankruptcy after approval of sale to new owner

There may be smooth sailing ahead for Red Lobster after the popular seafood restaurant chain received court approval for its Chapter 11 plan to sell the company to a new firm.
Red Lobster Management… [+1669 chars]

Red Lobster to exit Chapter 11 bankruptcy after approval of sale to new owner

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