Red Lobster’s Canadian restaurants expected to stay open in court-approved plan

Red Lobster’s Canadian restaurants expected to stay open in court-approved plan

A Canadian court has cleared the reorganization plan of Red Lobster that will see the seafood chain exit bankruptcy. Justice Peter Cavanagh of the Superior Court of Justice in Toronto on Tuesday granted an order that recognizes and gives force to the plan approved by a U.S. bankruptcy judge last week. The future of the … Read more