December 04, 2015
A Delaware bankruptcy judge gave grocery chain Haggen the thumbs-up on Friday to auction off its "core stores" in its home market in the Pacific Northwest, part of a series of asset sales the debtor hopes will help pay the more than $600 million owed to creditors.
November 25, 2015
Albertsons received a Delaware bankruptcy judge's blessing Tuesday to buy back 30 grocery stores it sold to small chain Haggen, which has failed under the weight of its rapid expansion, undoing a major aspect of the $9.2 billion Albertsons-Safeway merger's regulatory approval.
October 19, 2015
A Delaware bankruptcy judge on Monday gave the nod to Washington state-based grocer Haggen Inc. for its plan to sell nearly three dozen California locations in a complex process that includes two stalking horse bids totaling $92 million and a potential auction in which suitors can bid on any number of stores.
October 16, 2015
Washington state-based grocer Haggen has gotten pushback on a proposed $56 million sale of some closed stores to Smart & Final as part of its bankruptcy proceedings from a workers union claiming the deal violates certain local collective bargaining agreements.
October 15, 2015
Grocery chain Haggen Holdings on Wednesday asked a Delaware bankruptcy court to approve a trade deal settling a $14.8 million claim of one of its largest creditors, Unified Grocers, by agreeing to purchase all perishables and other goods for its core Pacific Northwest grocery locations from the creditor.
October 09, 2015
A U.S. trustee overseeing the bankruptcy of grocery giant Haggen told a Delaware court Friday that Stroock & Stroock & Lavan LLP should not serve as counsel for the debtor, because JPMorgan Chase Bank, a participant in Haggen's credit facility, is a major client of the law firm.
October 05, 2015
Smart & Final and Gelson's Markets have floated stalking-horse bids totaling $92 million for the purchase of 36 Haggen Holdings store locations as the Washington-based grocery chain restructures under Chapter 11.
September 24, 2015
West Coast grocery retailer Haggen won a Delaware bankruptcy judge's blessing on Thursday to sell its pharmacy operations and inventory from closing stores to recently merged rivals Albertsons and Safeway for up to $13 million.
September 17, 2015
West Coast grocery retailer Haggen Food & Pharmacy urged a federal bankruptcy court Wednesday to approve an $8.9 million prescription record sale to Albertson's LLC and Safeway Inc., though the U.S. trustee said a consumer privacy expert must evaluate the transaction.
September 10, 2015
West Coast grocery retailer Haggen Food & Pharmacy won a Delaware bankruptcy judge's approval on Thursday to tap up to $215 million in interim debtor-in-possession financing that the company says it needs to keep its stores open during the Chapter 11 process.