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Red Lobster Files for Chapter 11 Bankruptcy
Red Lobster, the seafood chain known for its Cheddar Bay biscuits and endless shrimp deals, has filed for bankruptcy protection after months of financial woes and store closures. On May 19, Red Lobster Management LLC, which owns the restaurant chain, announced it has voluntarily filed for relief under Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida. As part of the filings, Red Lobster says it plans to remain open and sell its businesses to existing...
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Red Lobster files for Chapter 11 bankruptcy
Red Lobster has filed for Chapter 11 bankruptcy and leaders plan to seek a buyer for the financially troubled seafood chain based in Orlando.
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Why do Red Bull suddenly look beatable in F1?
After exposing the weaknesses of Red Bull and Max Verstappen at Imola, McLaren's Lando Norris served the notice that the gap is closing in Formula 1.