HomeseafoodPink Lobster restructuring plan may result in litigation in opposition to Thai...

Pink Lobster restructuring plan may result in litigation in opposition to Thai Union

By Street Food Spectacle

July 31, 2024

51

The bankruptcy plan includes the creation of a creditor trust that could be used to pursue litigation against Thai Union.

The purchase of the chain by an investment group ultimately will benefit creditors and Red Lobster, attorney says. — The acquisition of the chain by an funding group in the end will profit collectors and Pink Lobster, legal professional says.Photograph: Editorial credit score: melissamn / Shutterstock.com

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