There may be smooth sailing ahead for Red Lobster after the popular seafood restaurant chain received court approval for its Chapter 11 plan to sell the company to a new firm. Red Lobster Management ...

Beleaguered seafood eatery Red Lobster filed for Chapter 11 bankruptcy following the recent closing of dozens of restaurants. The chain entered into a “stalking horse” arrangement late Sunday, ...

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection. A U.S. bankruptcy judge approved the casual seafood chain’s reorganization plan ...

Micheline Maynard has focused on the business world for much of her career. Also known as Micki, she has been a writer and editor at news organizations including The New York Times and NPR, and is the ...

Red Lobster filed for Chapter 11 bankruptcy in Florida on Sunday night, the seafood restaurant chain said in a statement. The news follows announcements from a liquidation company that the beleaguered ...

Red Lobster was cleared to exit bankruptcy several months after financial woes compelled the seafood restaurant chain to close dozens of locations and file for Chapter 11. Part of the blame was being ...