Red Lobster files for Chapter 11 bankruptcy - The Great Awakening

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Red Lobster files for Chapter 11 bankruptcy (www.cnbc.com)

posted 188 days ago by DarQ2light 188 days ago by DarQ2light +48 / -0

Red Lobster files for Chapter 11 bankruptcy protection

A disastrous "endless shrimp" promotion and a lease-back agreement orchestrated by Red Lobster's previous private equity owners contributed to its demise.

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– hothousecreekguy 3 points 188 days ago +3 / -0

Between the ridiculously high prices and crappy service these days it is no longer enjoyable to treat yourself to a restaurant meal. It’s just too damn depressing!!!

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– bigsix 2 points 187 days ago +2 / -0

Too many lawyers in the kitchen overcooking my dinner.

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