Tops Markets gets exclusivity extension ahead of confirmation hearing

By Caroline Salls

Pittsburgh, Oct. 25 – Tops Markets, LLC secured an extension of its exclusive periods for filing and soliciting votes on a Chapter 11 plan, according to an order filed with the U.S. Bankruptcy Court for the Southern District of New York.

The company’s official plan-filing period was extended through Jan. 22 from Oct. 22 and the solicitation period through March 21 from Dec. 21.

Tops said it is soliciting votes on its previously filed Chapter 11 plan.

“Having resolved all of the significant issues in these cases, the debtors are committed to moving expeditiously through the confirmation process and toward consummation of the plan,” the motion said.

However, the company said the confirmation hearing is scheduled to begin on Nov. 8, which would have been after the expiration of the previous exclusive filing period.

Tops said it filed the extension motion “out of an abundance of caution.”

Tops is a Williamsville, N.Y., supermarket operator that filed bankruptcy on Feb. 21, 2018. The Chapter 11 case number is 18-22279.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.