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The semi-automatic Colt 1911 had been estimated to sell for up to $3 million and the seller didn't end up parting with the gun after the low bids.
Red Lobster said it will use the bankruptcy proceedings to simplify its operations, close restaurants and pursue a sale.
A 23-year-old man and 28-year-old man were in the first block of South Lotus Avenue at about 7:40 p.m. when they were both shot by an “unknown” assailant, police said.
At least 29 people were wounded, including one person who died, in shootings in Chicago from about 9 p.m. Saturday through Sunday afternoon, according to police.