A local Red Lobster manager is celebrating the good news. Sept. 19, Red Lobster announced it was officially out of Chapter 11 ...

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

Fans rejoice as Red Lobster exits bankruptcy with new owners - The seafood chain announced it was filing for bankrupcy in May ...

Remember when Red Lobster filed for Chapter 11 bankruptcy back in May of 2024? The chain, it seems, is entering its ...

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

Former P.F. Chang’s CEO Damola Adamolekun takes the helm of the resurrected seafood restaurant chain.

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

Once the deal is finalized, the seafood chain will operate under a new CEO — Damola Adamolekun, former chief executive of P.F ...

Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which ...

Red Lobster is exiting Chapter 11 bankruptcy after a federal judge on Thursday approved the seafood restaurant chain's plan to rebound from an "endless shrimp" fiasco, massive debt, dozens of ...

Once the acquisition is complete, Red Lobster will also bring in new leadership. Jonathan Tibus, who has served as the ...

The new CEO is Damola Adamolekun, former chief executive of P.F. Chang's. He was previously appointed to head RL Investor ...