Red Lobster Management LLC
Case Number:
24-2486
See also:
Court:
Nature of Suit:
Firms
- Ballard Spahr
- Berger Singerman
- Burr & Forman
- Dean Mead
- FrankGecker
- Frost Brown
- Goldberg Kohn
- GrayRobinson
- Hahn Loeser
- Hill Ward Henderson
- Hinshaw & Culbertson
- Hunton Andrews
- King & Spalding
- Kurtzman Steady
- Linebarger Goggan
- Martyn & Associates
- McCreary Veselka
- Perdue Brandon
- Proskauer Rose
- Seyfarth Shaw
- Shutts & Bowen
- Trenam Law
- Winderweedle Haines
Companies
- Blumenfeld Development Group Ltd.
- Brownsville Independent School District
- C.H. Robinson Worldwide Inc.
- Darden Restaurants Inc.
- Kimco Realty Corporation
- Realty Income Corp.
- Red Lobster Hospitality LLC
- Regency Centers Corp.
- Simon Property Group Inc.
- Wells Fargo & Co.
Sectors & Industries:
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July 29, 2024
J&J Ch. 11 Tossed, Steward Gets Subpoena, Zachry Settles
The Third Circuit threw out Johnson & Johnson's second attempt to use bankruptcy to deal with mass talc litigation, Red Lobster won court approval to solicit votes on its Chapter 11 plan, and a Senate committee voted to approve an investigation into bankrupt Steward Health Care and subpoena its chief executive officer. This is the week in bankruptcy.
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July 26, 2024
Judge Requires 'Opt In' Releases For Red Lobster Ch. 11
A Florida bankruptcy judge said on Friday that she will conditionally approve disclosures for Red Lobster's reorganization plan after the seafood chain agreed to add "opt in" procedures that some creditors can use to release third parties from liability under its Chapter 11 plan.
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July 18, 2024
Red Lobster Angles To Keep More Than 100 Leases In Ch. 11
Red Lobster's well-known Times Square location in New York City is off the chopping block of potential closures, for now, along with 112 other outposts of the casual dining seafood chain, after the troubled company said during a bankruptcy court hearing Thursday it is negotiating new agreements with landlords.
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July 15, 2024
Red Lobster Wrangles Shrimp Supplier While Seeking Buyer
Red Lobster is facing a mountain of objections to the cure amounts it proposed paying landlords and vendors, including its key shrimp supplier, which says it wants to ensure that its agreement is embraced by whoever ends up buying the casual dining seafood chain.
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June 14, 2024
Red Lobster Hooks Global Ch. 11 Deal On DIP Compromise
Red Lobster said Friday it reached a global deal with creditors, lenders and landlords that clears the way for a consensual Chapter 11 reorganization, after resolving disputes over a bankruptcy financing package provided by the private equity firm that could end up owning the restaurant chain.
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June 13, 2024
Red Lobster Creditors Attack DIP Lender's 'Land Grab'
Red Lobster's Chapter 11 case is becoming contentious as creditors face off against the restaurant chain's key lender Fortress Credit Corp., challenging its ability to credit bid for the company and its liens on hundreds of restaurant locations and claiming its bankruptcy financing deal is a "massive and inappropriate 'land grab.'"
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May 29, 2024
Red Lobster's Potential Buyer Has Fished In This Pond Before
When Red Lobster hit bankruptcy last week with plans for an asset sale, it brought with it a $275 million stalking horse bid from a private equity firm that is perfectly positioned to repeat a move it has made before: buying struggling restaurant chains out of insolvency and taking over operations.