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      • Red Lobster has filed for Chapter 11 bankruptcy. The struggling seafood chain, late Sunday, announced the filing as well as plans to sell its business to an entity that is controlled by its existing lenders. Restaurants will remain open and continue normal operations, though more than 50 locations were shut down last week.
      fortune.com › 2024/05/20 › red-lobster-bankruptcy-chapter-11-endless-shrimp-closures-asset-sale-lenders
  2. 1 day ago · Red Lobster files for bankruptcy after missteps including all-you-can-eat shrimp. Listen · 4:02 4:02. Toggle more options. Download; Embed. Embed <iframe ...

  3. 1 day ago · Red Lobster, one of America’s best-known shellfish ambassadors, has reached this stage in its life cycle: The once-ubiquitous restaurant chain filed for Chapter 11 bankruptcy protection on ...

  4. 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...

  5. 1 day ago · Published 7:06 AM EDT, Mon May 20, 2024. Link Copied! Red Lobster has filed for bankruptcy protection. Patrick T. Fallon/AFP/Getty Images. New York CNN —. Red Lobster, which brought affordable ...

  6. 1 day ago · Updated 5:57 AM PDT, May 20, 2024. Red Lobster, the casual dining chain that won fans with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants. “This restructuring is the best path forward ...

  7. 1 day ago · Red Lobster has filed for Chapter 11 bankruptcy. The troubled chain said its restaurants will remain open and operating during the process. The bankruptcy comes after losses piled up in part due ...

  8. 1 day ago · Updated on. May 20, 2024 at 6:11 AM PDT. Listen. 2:44. Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp ...

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