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

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Red Lobster looks to be bouncing back after filing for bankruptcy a few months ago. According to Yahoo Finance, a U.S.

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

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Chapter 11 bankruptcy protection earlier this month. It plans to close more than 300 stores as part of its restructuring.

Red Lobster has officially emerged from bankruptcy.

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Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.The ...

Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.

As part of our new ownership structure, we have backers who have a history of making successful investments in restaurants.