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Red Lobster bankruptcy exit gets green light. Fate of the all-you-can-eat shrimp deal unclear.

Por: Los Angeles Times Politics September 06, 2024

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Red Lobster is turning the page on it's worst days as the struggling seafood restaurant chain prepares to emerge from bankruptcy. On Thursday, a U.S. judge approved the company's reorganization plan, clearing the way for the casual dining chain to exit Chapter 11 bankruptcy protection. Known for its bottomless shrimp offering and cheddar biscuits, Red Lobster shut down dozens of locations and entered bankruptcy in May after an extended... + full article



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