Red Lobster considers bankruptcy to deal with leases and labor costs

By Reshmi Basu Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks to restructure its debt, according to people with knowledge of the matter. Red Lobster has been getting advice from law firm King & Spalding, said the people, who asked not to be identified…#reshmibasu #seafood #redlobster #chapter11 #kingspalding #lakeland #florida #thaiuniongroupplc #thaiunions #fortress

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