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Tops Grocery Chain Defends Bid To Pay Bonuses In Ch. 11

Law360 (May 9, 2018, 7:15 PM EDT) -- Tops Markets LLC on Tuesday defended its request to include $3.2 million in employee retention bonuses in its Chapter 11 plan, telling a New York bankruptcy court that the employees in question are key to keeping the supermarket chain afloat.

Responding to objections raised by the U.S. Trustee and union representatives, Tops said the workers it wants to include in its key employee retention program are not insiders and are vital to the continued operation of the business.

“As a result of the debtors’ already lean...
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