Illinois
More Illinois Closings? Bankrupt Seafood Chain Shutting Down More
According to additional bankruptcy documents filed last week, Red Lobster, which has already shut down nearly 100 restaurants in 28 states, is looking to shutter up to 100 more spots if they can't renegotiate the leases.
Last month, the news came down that Red Lobster was in deep financial trouble that could only be solved by reorganization in Chapter 11 bankruptcy.
After months and months of speculation about whether or not Red Lobster would file for bankruptcy in o... [2232 chars]