Seafood chain Red Lobster has exited Chapter 11 restructuring after approval for a $375 million acquisition by RL Investor ...
Former P.F. Chang’s CEO Damola Adamolekun takes the helm of the resurrected seafood restaurant chain.
Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection ...
The Red Lobster restaurant chain seemed on the verge of permanently shutting down, but after filing bankruptcy, the brand is ...
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 ...
The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, ...
Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.
ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...
Red Lobster has officially emerged from bankruptcy.
Red Lobster completes Chapter 11 exit and acquisition by RL Investor Holdings LLC, poised for growth with $60 million ...