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May 21, 2024 at 10:03 PM. Two employees at a Morris County Red Lobster filed a class action lawsuit after the seafood restaurant abruptly closed and the company declared bankruptcy. Brandon Wright ...
Nathaniel Meyersohn, CNN. May 25, 2024 at 5:00 AM. When seafood conglomerate Thai Union Group became Red Lobster’s leading shareholder in 2020, gaining 49% control of the chain, Red Lobster ...
When a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. Now the restaurants can't pay the rent. It wasn't the endless shrimp that doomed Red ...
Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico and Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
May 21, 2024 at 4:40 PM. A former employee is suing now-bankrupt Red Lobster for allegedly laying her off without notice. Red Lobster filed for chapter 11 bankruptcy on 20 May, and announced the ...
The troubled Red Lobster restaurant chain is closing down at least 48 of its roughly 650 branches across the US, according to a restaurant liquidation company. Neal Sherman, the chief executive of ...
Red Lobster, the seafood chain whose cheddar biscuits and bottomless shrimp specials have long captivated the American palate and pocketbook, filed for Chapter 11 bankruptcy protection Sunday. The ...
May 20, 2024 at 8:04 PM. Eric Thayer/Bloomberg. Red Lobster, the seafood chain known for its Cheddar Bay biscuits and endless shrimp deals, has filed for bankruptcy protection after months of ...