Tag: Chapter 11 bankruptcy
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Red Lobster exits Chapter 11 bankruptcy protection
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...
Black-Owned Coffee Chain In Oakland Files For Bankruptcy Amid Multiple Lawsuits
Red Bay Coffee Roasters has officially filed for Chapter 11 Bankruptcy. The Black-owned coffee chain in Oakland will begin this process as multiple lawsuits...
Big Lots bankruptcy: List of closing store locations in new Chapter 11 filing as retailer announces sale to private equity
Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy after warning it had “substantial doubt” about its survival. As part of...
Big Lots Files for Bankruptcy, Agrees To Private-Equity Takeover
KEY TAKEAWAYSBig Lots filed for Chapter 11 bankruptcy protections and agreed to sell itself to an affiliate of private-equity firm Nexus Capital Management.The filing...
‘A great day for Red Lobster’: Company exiting bankruptcy, will operate 544 locations
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...