Red Lobster Canada to ask Ontario court to recognize U.S. bankruptcy protection case

  • 📰 SooToday
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 85%

Canada Headlines News

Canada Latest News,Canada Headlines

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.

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.

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.

Source: Law Daily Report (lawdailyreport.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Red Lobster Canada to ask Ontario court to recognize U.S. bankruptcy protection caseA lawyer representing Red Lobster's Canadian operations says he will ask an Ontario court to recognize and enforce the restaurant chain's Chapter 11...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Seafood chain Red Lobster will ask provincial court to enforce U.S. bankruptcy in CanadaDays after Red Lobster filed for Chapter 11 bankruptcy and announced that it would close dozens of its seafood restaurants, the chain's Canadian counterpart will ask a provincial court to enforce the U.S. bankruptcy in Canada, CBC News has learned.
Source: CBCNews - 🏆 2. / 99 Read more »

Seafood chain Red Lobster will ask provincial court to enforce U.S. bankruptcy in CanadaDays after Red Lobster filed for Chapter 11 bankruptcy and announced that it would close dozens of its seafood restaurants, the chain's Canadian counterpart ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Red Lobster Canada included in company’s U.S. bankruptcy filingThe filing also notes that an interim stay order was granted in favour of the debtors, which would apply to any of its 'property, business and directors and officers.'
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Several species of lobster-like creatures spreading and causing havoc across OntarioSeveral species of invasive crayfish are spreading across Ontario at worrying speed, and these small lobster-like crustaceans are already wreaking ...
Source: blogTO - 🏆 44. / 63 Read more »

Red Lobster Peers Square Off in Fight for Discount-Hungry GuestsFamiliar US restaurant chains are navigating the same pressures now-bankrupt rival Red Lobster faced, with falling foot traffic, higher labor costs and generous promotions that don’t always bring the most profitable customers in the door.
Source: BNNBloomberg - 🏆 83. / 50 Read more »