Here's what to know about Red Lobster's exit from bankruptcy and the new owners of the seafood restaurant chain.

A local Red Lobster manager is celebrating the good news. Sept. 19, Red Lobster announced it was officially out of Chapter 11 ...

Red Lobster filed for bankruptcy protection in May and it led to the closing of dozens of restaurants in the U.S.

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection ...

Red Lobster has officially emerged from bankruptcy.

Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...

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Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.The ...

As part of our new ownership structure, we have backers who have a history of making successful investments in restaurants.

Red Lobster exits bankruptcy, ditches unlimited shrimp for quality Red Lobster, the iconic seafood chain known for its ...