A&P Exec Says Union 'Bumping' Rules Threaten Store Sales

Law360, New York (August 17, 2015, 8:13 PM EDT) -- The chief restructuring officer for A&P supermarkets' owner told a New York bankruptcy judge Monday that if the court doesn't nullify “bumping” provisions in its collective bargaining agreements then buyers it has lined up to purchase some of its stores will pull out of the deal, threatening A&Ps survival.

Testifying at a hearing in White Plains, Chris McGarry, CRO for the Great Atlantic & Pacific Tea Company Inc., said buyers would pull out of sales the business has lined up if bumping provisions remain in CBAs...
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