RED LOBSTER FILES VOLUNTARY CHAPTER 11 PETITIONS TO STRENGTHEN FINANCIAL POSITION AND MAXIMIZE VALUE FOR STAKEHOLDERS

Restructuring to Optimize Real Estate Footprint and Facilitate Going Concern Sale ORLANDO, Fla., May 19, 2024 /PRNewswire/ — Red Lobster Management LLC, along with its direct and indirect operating subsidiaries (“Red Lobster” or “the Company”), owner and operator of the Red Lobster®…