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      • Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. The chain has tapped a restructuring expert as its chief executive, a possible indicator of an impending bankruptcy.
      www.cnn.com › 2024/05/03 › food
  2. May 3, 2024 · Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. The chain has tapped a restructuring expert as its...

  3. May 1, 2024 · May 1, 2024, 3:27 AM PDT. With the chain on the verge of bankruptcy, it has become abundantly clear that Red Lobster letting customers eat all the shrimp their hearts desire was not a great...

  4. 1 day ago · A neon sign of Red Lobster. Red Lobster’s owner, Thai Union Group, is planning to sell its remaining stake in the seafood chain by the end of the year, it said in a financial filing. The ...

  5. Red Lobster is reportedly considering filing for bankruptcy. Amid the restaurant’s financial concerns, attention has been placed on Red Lobster’s previous deals, which some suggest may have ...

  6. Apr 18, 2024 · According to Bloomberg, Red Lobster is considering a Chapter 11 bankruptcy filing in hopes of restructuring its debts. The company has reportedly received advice from law firm King & Spalding...

  7. Apr 20, 2024 · Now, speculation is growing that Red Lobster will soon seek a possible Chapter 11 bankruptcy filing or implement an extensive restructuring plan. This week, Bloomberg reported that the...

  8. Apr 25, 2024 · Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. The company has considered filing for bankruptcy to help it...

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