Food for Thought: Supermarket, Grocer and Distributor Chapter 11 Filings
In his Bankruptcy Update, Edward E. Neiger reports on filings in the grocery and food distribution sector as companies struggle in the face of pricing fluctuations and increasing online competition.
August 29, 2017 at 02:04 PM
18 minute read
This issue of the Bankruptcy Update focuses on filings in the grocery and food distribution sector as companies struggle in the face of pricing fluctuations and increasing online competition. The column delves into the bankruptcy proceedings of Central Grocers, Rupari Food Services and Marsh Supermarkets.
Central Grocers Inc. (Bankr. N.D. Ill. Case No. 17-13886)
On May 4, 2017, Midwestern grocery supplier Central Grocers and affiliates filed petitions for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The filing followed the commencement of involuntary liquidation proceedings by certain of Central Grocers' creditors in the Northern District of Illinois two days earlier.
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