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 ...
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