Saturday, June 27

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World Europe's Record Heat Dome Pushes East, Threatening 40C From Poland to Romania Business Red Lobster's Endless Shrimp Deal Was a 'Car Crash,' Creditors' Lawsuit Alleges World US-Brokered Israel-Lebanon Deal Divides Lebanon as Hezbollah Supporters Protest in Beirut Business SpaceX Joins the Nasdaq-100, Forcing Billions in ETF Buying for the Hawthorne Rocket Maker World Australia Moves to Toughen Its Under-16 Social Media Ban After Widespread Workarounds Business Big Tech Is Betting Big on Smart Glasses. The Hard Part Is Getting People to Wear Them.World Inside Southeast Asia's Scam-Compound Empire: Forced Labor and Billions Stolen Entertainment Swiss Stop-Motion Short 'Into the Forest' Wins Annecy's Young Audience Award World Europe's Record Heat Dome Pushes East, Threatening 40C From Poland to Romania Business Red Lobster's Endless Shrimp Deal Was a 'Car Crash,' Creditors' Lawsuit Alleges World US-Brokered Israel-Lebanon Deal Divides Lebanon as Hezbollah Supporters Protest in Beirut Business SpaceX Joins the Nasdaq-100, Forcing Billions in ETF Buying for the Hawthorne Rocket Maker World Australia Moves to Toughen Its Under-16 Social Media Ban After Widespread Workarounds Business Big Tech Is Betting Big on Smart Glasses. The Hard Part Is Getting People to Wear Them.World Inside Southeast Asia's Scam-Compound Empire: Forced Labor and Billions Stolen Entertainment Swiss Stop-Motion Short 'Into the Forest' Wins Annecy's Young Audience Award

Brandon Cole

Reporter · Los Angeles Herald

A Red Lobster restaurant.

Saturday, 6/27, 01:38 PM

Red Lobster's Endless Shrimp Deal Was a 'Car Crash,' Creditors' Lawsuit Alleges

A lawsuit brought on behalf of Red Lobster's creditors accuses the chain's former majority owner, Thai Union, of pushing a permanent all-you-can-eat shrimp deal it knew would be ruinous — a promotion the complaint calls a 'car crash' that helped drive the seafood giant into bankruptcy.