Report: Red Lobster preparing to file for bankruptcy

Seafood chain Red Lobster is reportedly preparing to file for bankruptcy. According to Restaurant Business Online, citing a report from Bloomberg, the company is considering filing for Chapter 11 bankruptcy protection to restructure its debt. Per Restaurant Business, Jonathan Tibus, a managing…#seafood #redlobster #chapter11 #jonathantibus #alvarezmarsal #thaiuniongroup #tibus #orlando #kingspalding

Source: Reuters: Health - April 17, 2024 Category: Consumer Health News Source Type: news