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Red Lobster files for bankruptcy after losing millions on ill-fated all-you-can-eat shrimp promotion

Red Lobster’s chief executive claimed there was something fishy about its largest shareholder’s involvement in the ill-fated all-you-can-eat shrimp promotion that caused the nation’s largest seafood chain to file for bankruptcy. The Orlando, Florida-based chain filed for Chapter 11 protection late Sunday after unexpectedly closing nearly 100 stores last week. Red Lobster, which had 650 […]

Red Lobster files for bankruptcy

Red Lobster filed for Chapter 11 bankruptcy on Sunday, announcing it would close numerous restaurants and sell equipment to raise cash. The announcement comes a week after the company closed 48 stores, citing the economic downturn caused by the coronavirus pandemic. The chain has reportedly been considering bankruptcy for more than a month and is […]

Red Lobster files for bankruptcy: What happens now?

(WJET/WFXP) — Less than a week after Red Lobster announced the closure of dozens of restaurants across the United States, the company has officially filed for Chapter 11 bankruptcy protection. The seafood chain has struggled in recent years with rising rent and labor costs. Management failures and poor store performance also contributed to the decision […]

Red Lobster Files for Bankruptcy amid Plans to Close 100 U.S. Locations

Restaurant chain Red Lobster announced Sunday that it has filed for Chapter 11 bankruptcy. The news comes after the all-you-can-eat service was reported to have caused a financial crisis. NBC News report On Monday, the restaurant said it was “pursuing operational improvements, simplifying our operations by reducing the number of locations, and pursuing the sale […]

Zac Brown Files Lawsuit Against Ex-Wife As Divorce Heats Up: REPORT

Country singer Zac Brown reportedly filed a lawsuit Friday seeking a restraining order against ex-wife Kelly Yazdi and the deletion of her social media posts about him. Court documents allege that Yazdi’s posts contain details that are incredibly damaging to the country’s star. TMZ. The newspaper noted that court documents obtained did not specify which […]

GOP Congressman, Accused of Affair, Files for Divorce from Wife

Representative Rich McCormick (R-Ga.) has filed for divorce after his wife of 12 years accused him of infidelity, according to reports. daily mail report McCormick filed for divorce from his wife, oncologist Dr. Debra Miller, in early May. A mutual restraining order was also issued. McCormick and his second wife, Miller, have seven children and […]

Rory McIlroy shockingly files for divorce ahead of PGA Championship

Rory McIlroy has filed for divorce from his wife Erica Stoll after seven years of marriage. McIlroy filed for divorce in a Florida court on Monday. TMZ first reported the news of their breakup. Irish independent newspaper I confirmed that. The decision came the same week as McIlroy’s last major victory, the PGA Championship at […]