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Red Lobster files for bankruptcy after closing 8 restaurants in Upstate NY
Red Lobster has filed for Chapter 11 bankruptcy protection a week after closing dozens of restaurants nationwide. In a court filing late Sunday, the seafood chain said it has more than 100,000 creditors and estimated assets between $1 billion and $10 billion. The company’s estimated liabilities are between $1 billion and $10 billion, according to the Associated Press.
Battle of the Wings winners crowned; more top stories (Good Morning CNY for May 20)
Subscribe to get the Good Morning, CNY newsletter delivered to your email inbox weekday mornings. High: 88; Low: 64. Very warm with some clouds; see the 5-day forecast. Dapper and Dapperer: It was a big weekend for proms around Central New York, and few looked as sharp as this pair. The Chittenango High School students paid homage to Harry and Lloyd from the classic movie “Dumb and Dumber.” Syracuse.com sent photographers to 14 proms this weekend and posted nearly 1,200 photos. Subscribers can log in, click on the photo gallery and choose “Get Photo” to download free print-quality images. (Joanna Young photo)
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