A Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024. Red Lobster is seeking bankruptcy protection days after closing dozens of restaurants. A lawyer representing Red Lobster's Canadian operations says he will ask an Ontario court to recognize and enforce the chain's Chapter 11 bankruptcy in the U.S. THE CANADIAN PRESS/AP-Nam Y. Huh
A Red Lobster restaurant is seen in Schaumburg, Ill., Monday, May 20, 2024. Red Lobster is seeking bankruptcy protection days after closing dozens of restaurants. A lawyer representing Red Lobster's Canadian operations says he will ask an Ontario court to recognize and enforce the chain's Chapter 11 bankruptcy in the U.S. THE CANADIAN PRESS/AP-Nam Y. Huh
A lawyer representing Red Lobster's Canadian operations says he will ask an Ontario court to recognize and enforce the restaurant chain's Chapter 11 bankruptcy in the U.S.
In an email to ¹ú²úÓÕ»ó¸£Àû, Linc Rogers says he will bring an application to the Ontario Superior Court of Justice on behalf of the Canadian arm of the seafood restaurant on Tuesday.
Red Lobster Canada, Inc. is incorporated in Delaware but runs 27 restaurants in Canada and is listed as a "related debtor" in the U.S. bankruptcy protection proceedings.
Earlier this week, a court granted Red Lobster Canada a stay in proceedings, which prevents creditors from taking action against it.
Florida-based Red Lobster Management LLC says the 56-year-old chain will continue to operate as its Chapter 11 case evolves.
But it shuttered dozens of locations in the U.S. this month as it grappled with rising costs and more competition across the restaurant industry.
This report by ¹ú²úÓÕ»ó¸£Àû was first published May 25, 2024.
