MONTVALE, N.J. — A&P here is accusing rival Ahold of purposefully snarling its Chapter 11 bankruptcy case by making “illusory” claims of potential pension liabilities. Ahold on behalf of its U.S. banners Giant-Landover and Stop & Shop has filed 216 separate proofs of claim for any increases in pension contributions that Giant and Stop & Shop may have to pay as a result of A&P’s withdrawal from multi-employer pension plans in which Giant and Stop ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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.
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.