• Dkarma@lemmy.world
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    1 month ago

    Not irrelevant. If they had kept the property the company would have assets. They liquidated the assets and sold the name which was now saddled with debt. That’s not even remotely irrelevant it’s the literal cause of the bankruptcy…can you even read???

    • bluGill@kbin.social
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      1 month ago

      If the restaurant was viable in the first place that wouldn’t matter. Only because Red Lobster hasn’t been a viable business for years (except by under valuing their real estate) does it not work out.