JITNEY READIES REORGANIZATION PLAN

JACKSON, Miss. -- Jitney-Jungle Stores of America here said last week it expects to have a plan of reorganization ready to present to the bankruptcy court before the end of the year, possibly as early as the fall.h the next hearing scheduled for Thursday.At that hearing the court is expected to rule on whether Jitney's landlords should disband the committee they have formed, separate from the creditors

JACKSON, Miss. -- Jitney-Jungle Stores of America here said last week it expects to have a plan of reorganization ready to present to the bankruptcy court before the end of the year, possibly as early as the fall.

h the next hearing scheduled for Thursday.

At that hearing the court is expected to rule on whether Jitney's landlords should disband the committee they have formed, separate from the creditors committee. The chain's landlords have said they need their own committee to represent their interests, while the creditors committee has said they don't need separate representation and has filed a motion to disband the landlords committee.

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