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Red Lobster

On May 19, 2024 (the "Petition Date"), Red Lobster Management LLC ("RL Management") and fourteen (14) of its affiliates (collectively, the "Debtors") including Red Lobster Hospitality LLC ("RL Hospitality") and Red Lobster Canada Inc. ("RL Canada" and together with RL Management and RL Hospitality, the "Canadian Debtors") commenced proceedings in the United States Bankruptcy Court for the Middle District of Florida, Orlando Division (the "U.S. Bankruptcy Court") by filing voluntary petitions for relief under chapter 11 of title 11 of the United States Code (the "US Proceedings").

In its capacity as the foreign representative of the Debtors in the US Proceedings (the "Foreign Representative"), RL Management sought and, on May 28, 2024, obtained an order (the "Initial Recognition Order") under Part IV of the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the "CCAA") from the Ontario Superior Court of Justice (Commercial List) (the "Canadian Court"). Among other things, the Initial Recognition Order granted an initial stay of proceedings in favour of the Debtors and each of their respective property, business and directors and officers.

On May 28, 2024, the Canadian Court also issued an order (the "Supplemental Order"). The Supplemental Order, among other things, recognized certain orders granted by the U.S. Bankruptcy Court in the US Proceedings and appointed FTI Consulting Canada Inc. ("FTI") as an officer of the Canadian Court (the "Information Officer").

All materials filed in the US Proceedings, including the First Day Orders as they are signed and uploaded, are available on the website of the Debtors' Claims and Noticing Agent, Epiq Corporate Restructuring, LLC, at Red Lobster Management LLC Chapter 11 Docket

For additional information, please contact FTI in its capacity as the Information Officer using the contact information below:

Phone: +1 416-649-8141
Toll Free: +1 833-840-2742
Email: redlobster@fticonsulting

Contact FTI

FTI Consulting
TD Waterhouse Tower
79 Wellington Street West
Suite 2010, P.O. Box 104
Toronto, Ontario M5K 1G8

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