Posts Tagged ‘bankruptcy’
US Red Lobster chain fighting for survival
Red Lobster, the world’s largest seafood restaurant chain, is fighting off the threat of bankruptcy amid rising debts. The group, which has hundreds of restaurants across the United States, Asia and central America, has filed in a Florida court for bankruptcy protection in a bid to reduce debt and fend off collapse.
Read MoreChilean judge declares Nova Austral bankrupt
A judge in Chile has declared the struggling salmon company Nova Austral to be bankrupt.
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