Seafood chain Red Lobster has exited Chapter 11 restructuring after approval for a $375 million acquisition by RL Investor ...

The Red Lobster restaurant chain seemed on the verge of permanently shutting down, but after filing bankruptcy, the brand is ...

Former P.F. Chang’s CEO Damola Adamolekun takes the helm of the resurrected seafood restaurant chain.

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 ...

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

"If they wanted to, they would," is an old saying about determination, and one American seafood chain took this quote ...

The green light arrives under just four months after Red Lobster filed for bankruptcy protection as it pursued a sale, ...

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.

On Thursday, a U.S. bankruptcy judge approved the chain’s reorganization plan after the chain closed dozens of locations.