Here's what to know about Red Lobster's exit from bankruptcy and the new owners of the seafood restaurant chain.

Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.

ORLANDO, Fla., Sept. 16, 2024 /PRNewswire/ — The Red Lobster ® restaurant chain today announces its exit from Chapter 11 ...

"If they wanted to, they would," is an old saying about determination, and one American seafood chain took this quote ...

Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...

Red Lobster has closed the book on its bankruptcy and enters a new era with a new captain at the helm. The seafood restaurant ...

The deal is done. After 1,173 Chapter 11 bankruptcy pleadings and orders filed by the involved parties — a substantial docket ...

Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...

Red Lobster has exited Chapter 11 bankruptcy protection after a U.S. bankruptcy judge approved the restaurant's ...

Nigerian-American Damola Adamolekun was recently appointed as Red Lobster’s new CEO to guide the company through its ...

Red Lobster completes Chapter 11 exit and acquisition by RL Investor Holdings LLC, poised for growth with $60 million ...