Avenue TC Fund buys $1.17 million portion of UBS claim against A&P

By Caroline Salls

Pittsburgh, Nov. 7 - Avenue TC Fund, LP bought a $1.17 million portion of UBS AG, Stamford Branch's $2.35 million claim against Great Atlantic & Pacific Tea Co., Inc. (A&P), according to a Nov. 7 filing with the U.S. Bankruptcy Court for the Southern District of New York.

UBS sold the claim as an assignee of Bunzl Distribution USA Inc.

A&P, a Montvale, N.J.-based operator of supermarkets, filed for bankruptcy on Dec. 12, 2010. Its Chapter 11 case number is 10-25459.

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