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Red Lobster - Court Orders

 Second Supplemental Order
 Endorsement of Justice Penny
June 18, 2024
The Second Supplemental Order, among other things, recognizes several of the Second Day Orders in the US Proceedings (the "Foreign Orders").
 
 Endorsement of Justice Penny
 Supplemental Order (Foreign Main Proceeding)
May 28, 2024
The Initial Recognition Order, inter alia, provides the following relief:
(a) Declaring that RL Management is a "foreign representative" as defined in section 45 of the CCAA (the "Foreign Representative");
(b) Declaring that the centre of main interests for each of the Debtors is the United States of America and recognized the US Proceedings as a "foreign main proceeding"; and
(c) Providing a stay of proceedings with respect to the Debtors' business and property, including its officers and director.
 
 Initial Recognition Order (Foreign Main Proceeding) May 28, 2024
The Supplemental Order, inter alia, provides the following relief:
(a) Recognizing several of the First Day Orders in the US Proceedings (the "Foreign Orders");
(b) Appointing FTI Consulting Canada Inc. as an officer of this Court (the "Information Officer")
(c) Granting a stay of proceedings against the Canadian Debtors;
(d) Granting a charge (the "Administration Charge") on the Canadian Debtors' property in Canada for the benefit of the Canadian Debtors' Canadian Counsel, the Information Officer, and counsel to the Information Officer, for professional fees and disbursements incurred in respect of these proceedings;
(e) Granting a charge (the "D&O Charge") on the Canadian Debtors' property in Canada as security for indemnity provided to directors and officers against obligations and liabilities that they may incur as directors and officers of the Canadian Debtors after the commencement of the proceedings, with certain exceptions.
 
 Interim Stay Order (Foreign Proceeding)
 Endorsement of Justice Penny (Interim Stay Order)
May 21, 2024
 

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