WAYNE, N.J. -- Grand Union Co. here said last week it filed for voluntary prepackaged bankruptcy under Chapter 11, and the court has set a hearing date of Aug. 5 to confirm the company's reorganization plan. Once the plan has been confirmed, the court will set a date two to three weeks later for the company to formally emerge from bankruptcy. The company has previously stated it expects to emerge in mid- to late August. Grand Union's filing the prepackaged Chapter 11 in U.S. Bankruptcy ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.