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Will you be eating at Red Lobster one last time before they close?
Poast new message in this thread
Date: May 21st, 2024 12:13 PM Author: ruby vibrant tattoo church (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47679812) |
Date: May 21st, 2024 12:15 PM Author: hyperventilating irradiated private investor Once? Are they closing after lunch today? (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47679818) |
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Date: May 21st, 2024 12:16 PM Author: passionate brethren shrine I haven't been to one in a very long time. I once bought the cheddar bay biscuit mix from my grocer but they didn't come out very good. (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47679820) |
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Date: May 21st, 2024 1:47 PM Author: Aphrodisiac spruce stead there are good copycat recipes online using real cheese (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680138) |
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Date: May 21st, 2024 12:18 PM Author: Supple thirsty sneaky criminal spot Oh lord, take me away,
I wanna see the cheesy shores of cheddar bay. |
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Date: May 21st, 2024 12:33 PM Author: startled lascivious mediation (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47679877) |
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Date: May 21st, 2024 2:00 PM Author: Judgmental bat-shit-crazy death wish becky (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680179) |
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Date: May 21st, 2024 12:20 PM Author: Navy rehab i went on sunday! (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47679834) |
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Date: May 21st, 2024 12:21 PM Author: Khaki Lay Skinny Woman This is the prole take that equates "bankrupt" with "gone forever." Red Lobster is the classic case of a business that has good parts but with too much debt/retarded contracts. Pay creditors pennies on the dollar, reject/renegotiate too expensive leases, make unlimited shrimp a seasonal thing, reject/renegotiate retarded contracts, only keep open the good locations and bam, you have a viable business again. Their chances of a sale of their good assets as a going concern are good. (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47679837) |
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Date: May 21st, 2024 1:38 PM Author: Red famous landscape painting senate That’s all well and fine but good luck of you want a Montecristo from Bennigans (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680112) |
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Date: May 21st, 2024 1:41 PM Author: Khaki Lay Skinny Woman ? There are still Bennigans and the Monte Cristo is on the menu. Make a road trip of it, shitlib. https://bennigans.com/locations/ (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680122) |
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Date: May 21st, 2024 1:44 PM Author: Red famous landscape painting senate Well now I need to go to Borger, TX.
He had a scowl on his face, a bullrope in his hand and tobacco dripping from his lip, but Stan Hansen was no ordinary cowboy. The Bad Man from Borger, Texas was a wild bucking bronco who became one of professional wrestling’s most revered international competitors during a career that spanned three decades from WWE to The Land of the Rising Sun and earned Hansen a spot in the WWE Hall of Fame
https://www.foxsports.com/wwe/stan-hansen-superstar-bio
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Date: May 21st, 2024 1:46 PM Author: Ocher Pea-brained Kitchen holy shit @ their international footprint
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Date: May 21st, 2024 1:57 PM Author: Red famous landscape painting senate Coming soon to Pakistan (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680173) |
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Date: May 21st, 2024 4:58 PM Author: emerald factory reset button dilemma (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680801) |
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Date: May 21st, 2024 5:16 PM Author: white narrow-minded university Monahans of all places. wtf (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680871) |
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Date: May 21st, 2024 1:50 PM Author: beta indigo bawdyhouse Part of the bankruptcy is that they're required to relinquish all rights to branding so that anyone can open a "red lobster" restaurant going forward (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680148) |
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Date: May 21st, 2024 1:52 PM Author: Navy rehab and people will say that https://circuitcity.com/ went out of business just because they declared bankruptcy. (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680154) |
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Date: May 21st, 2024 5:22 PM Author: Khaki Lay Skinny Woman This is complete flame, intellectual property is transferred in bankruptcy sales all the time. Somebody will buy the right to continue being Red Lobster and the $$$ will be used to pay off creditors. (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680886) |
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Date: May 21st, 2024 5:38 PM Author: Navy rehab it's a joke you humorless autistic fuck (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680924) |
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Date: May 21st, 2024 1:51 PM Author: Navy rehab cr it's so 180 that the (((red lobster investors))) get to stiff the goyim creditors that didn't possess the talmudic art of a secured interest.
it's ok goyim, your beloved restaurant chain will be rescued by (((other investors))) who will emerge to grift the remaining retard goys who will buy non-kosher shellfish. l'chaim! |
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Date: May 21st, 2024 5:21 PM Author: Khaki Lay Skinny Woman You clearly don't know a thing about bankruptcy and are just sperging out. The bids happen in a competitive process; this is the creditor's best hope of getting something. What's more, they have to receive at least as much as they would under a hypothetical liquidation or the plan is off. And the restaurant will continue to exist as a going concern. So you're mad when you thought the restaurant would close and also mad when you learned it would stay open? (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680883) |
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Date: May 21st, 2024 5:38 PM Author: Navy rehab i practiced corporate bankruptcy for a bit retard. hurr durr chapter 11 means restructuring *farts cum.*
you're lisping 1L shit at me and i treated your poast with the seriousness it merited. if a debtor had the ability to pay it's debts it wouldn't be insolvent and couldn't declare bankruptcy to begin with. creditors forgive debt and accept restructuring terms because it's more likely they'll get something when a liquidation means they'll get nothing. the same reason why debt collectors accept less money from a debtor rather than trying to force a sheriff's sale.
no shit if every creditor would get paid they would insist on a liquidation. who THE FUCK declares chapter 11 in this instance though? the entire point is to force creditors to accept less favorable terms. |
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Date: May 21st, 2024 6:51 PM Author: Khaki Lay Skinny Woman "For a bit" must have been for a few months as a first year associate. You clearly didn't understand my post or how a restructuring works. Yeah, the non-priority creditors are out of the money but they're going to get paid more than they would in a liquidation assuming a successful sale. The employees will get paid up to the priority cap which will probably cover everything a typical Red Lobster employee is owed. Yeah, some trade vendors and (((banks))) will lose out, but they know the risk they were taking doing business with a company that's been distressed for years. A good restructure like this, if it works, is an example of a restructure actually working.
You're sperging out in the other thread about how Red Lobster was destroyed, but you're also MAF that a process exists to save it. |
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Date: May 21st, 2024 10:22 PM Author: Navy rehab you're now saying what i was saying in my first post. except youre continuing with the overall tinge of arrogance.
i think bankruptcy is 180. you keep making assumptions about me and my motivations. im a ardent student debt nopaymo for similar reasons to why bankruptcy was invented. |
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Date: May 21st, 2024 2:02 PM Author: passionate brethren shrine (Quiznos CEO) (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680191) |
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Date: May 21st, 2024 1:42 PM Author: Provocative Learning Disabled Legend Fuck yes Im going to help save the brand (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680128) |
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Date: May 21st, 2024 5:10 PM Author: Judgmental bat-shit-crazy death wish becky i will if richard clock goes on the 2.5 hour roadtrip w me (http://www.autoadmit.com/thread.php?thread_id=5531014&forum_id=2#47680852) |