YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Report: Red Lobster considers bankruptcy filing

Posted online

Red Lobster is considering filing for bankruptcy, people familiar with the matter told Bloomberg.

The Chapter 11 bankruptcy filing would allow the company to restructure its debt, the sources said.

The sources also said Red Lobster has consulted with law firm King & Spalding in the discussions.

Read more from Bloomberg.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences