Analysis

PE-Backed Red Lobster Has Rocky Route To Post-Ch. 11 Profit

By Alex Wittenberg · September 6, 2024, 7:33 PM EDT

With court approval of its reorganization plan secured, Red Lobster will soon exit bankruptcy with new owners, a 35-year-old chief executive, $60 million in fresh funding and about 100 fewer restaurants....

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Case Information

Case Title

Red Lobster Management LLC

Case Number

6:24-bk-02486

Court

Florida Middle

Nature of Suit

Date Filed

May 19, 2024