MILAN, Ill. -- Eagle Food Centers here said it expects to emerge in early June from a prenegotiated reorganization under Chapter 11. The company said a hearing is scheduled in U.S. Bankruptcy Court in Wilmington, Del., for March 21 to consider finalizing a $50 million debtor-in-possession financing and to authorize Eagle to pay the prepetition claims of its remaining trade creditors. The company said the court has scheduled a hearing for April 17 to approve Eagle's disclosure statement and a ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.