We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Haggen Gets Green Light For $92M Bankruptcy Auction Plan

Law360, Wilmington (October 19, 2015, 8:11 PM EDT) -- 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.

During a hearing in Wilmington, U.S. Bankruptcy Judge Kevin Gross said that he would sign a bid procedures order for the sale process connected to 35 Haggen Holdings LLC stores in California and one...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.