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Red Lobster cleared to exit Chapter 11 bankruptcy

admin by admin
September 6, 2024
in Economy
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Red Lobster cleared to exit Chapter 11 bankruptcy

That’s great news! Red Lobster exiting Chapter 11 bankruptcy means the company is back on track financially. It signifies they’ve developed a plan approved by the court, to pay back creditors over time while functioning normally. It’s indeed a positive development for the company, its employees, and stakeholders. Can I assist you with any other information?

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