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Red Lobster, the seafood chain which suddenly closed dozens of restaurants across the United States, is expected to file for bankruptcy as early as next week, according to the Wall Street Journal. People familiar with the plans told the newspaper on late Tuesday that the company is preparing to file a Chapter 11 bankruptcy petition in Orlando, Florida, before Memorial Day next week. As part of this process, the company plans to negotiate concessions from landlords and strike deals with creditors in an effort to continue operating. It’s still unclear how restaurants and employees would be affec…

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